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Jean Claude Biguine Salons India Raises Rs 40 Cr

TFW Bureau Jun 12 2024 - 1 min read

JCB (Jean Claude Biguine) Salons India has raised Rs 40 crore from BlackSoil. These funds will be used for strategic acquisition and business expansion within the retail sector. JCB Salons has used the funds to acquire Spalon, a local salon chain, to expand into South India. Additionally, the capital will be utilized for working capital ...

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Zomato to pump in Rs 300 crore in quick commerce unit Blinkit

TFW Bureau Jun 11 2024 - 1 min read

Food delivery company Zomato will infuse Rs 300 crore into its quick commerce unit Blinkit, as per regulatory filings made with the Registrar of Companies (RoC). With this, Gurgaon based Zomato has infused nearly Rs 2,300 crore since acquiring Blinkit in August 2022. Zomato acquired Blinkit, formerly known as Grofers, in an all-stock deal for ...

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Tanishq enters Oman

TFW Bureau Jun 11 2024 - 1 min read

Renowned jewellery brand Tanishq has expanded its global presence by debuting in Oman. The inaugural store in Oman is situated at Oman Avenues Mall in Muscat. Currently, Tanishq boasts a network of more than 16 international stores beyond India. In July 2023, Titan unveiled its ambitious plan to establish 50 boutiques worldwide, with a particular ...

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Sanjeev Kapoor's Wonderchef eyes Rs 820 Crore Revenue in FY25

TFW Bureau Jun 10 2024 - 1 min read

Endorsed by celebrity chef Sanjeev Kapoor, Wonderchef, the kitchen appliances brand has announced its aim to achieve a revenue milestone of Rs 820 crore in FY25. Ravi Saxena, founder and CEO of Wonderchef said, “In FY24, we posted sales of about Rs 700 crore, and we are planning to touch about Rs 820 crore in ...

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Reebok expands in South India, launches two new stores

TFW Bureau Jun 10 2024 - 1 min read

Globally renowned sports footwear and apparel brand, Reebok, is expanding its retail footprint in the Southern part of the country by launching two new stores in Chennai (Anna Nagar and Phoenix Marketcity). Bollywood actor Taapsee Pannu, who is also Reebok brand ambassador, officially inaugurated the stores. Taapsee said, “As an advocate of fitness and an ...

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Food safety body inspects Blinkit warehouse in Telangana, finds violations

TFW Bureau Jun 08 2024 - 1 min read

As per a recent post on social media ,The Commissioner of Food Safety, Telangana raided a warehouse of Zomato-owned Blinkit and found numerous health violations. The inspection was conducted in a warehouse at Devar Yamjal, Medchal Malkajgiri District on June 5. The Commissioner of Food Safety, Telangana, shared the post on the social media platform ...

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