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Titan eyes 10-11% of market share in the Jewellery business

TFW Bureau Jun 07 2024 - 1 min read

In its Jewellery business, Titan expects a revenue of 15–20% CAGR over FY24-27, the company said in its analysts meet. The company has a market share target of 10-11% as against 8.6% currently in the jewellery business. As compared to its earlier range of 12%-13%, the company now has a margin set of 11.5% - ...

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Home grown chicken QSR BIGGUYS secures $2mn funding

TFW Bureau Jun 06 2024 - 1 min read

BIGGUYS, Bengaluru based homegrown chicken QSR chain, has secured a significant investment of $2 million (a little above Rs. 16.62 crore). This investment is a mix of equity and other instruments and comes from a group of Non-Resident Indians (NRIs). “We are thrilled to see such a huge interest from NRIs who want to invest ...

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Rapid Expansion in Eastern India on cards for Biggies Burger

TFW Bureau Jun 05 2024 - 1 min read

India's leading homegrown burger chain Biggies Burger is looking at rapid growth across India. After a successful fundraising round, Biggies Burger is targeting rapid expansion in the retail sector across the country. The brand aims to achieve 2.5-3x annual growth by increasing its store network to 75 stores in the East region by 2028. Launched ...

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Being Human opens new outlet in Greater Noida

TFW Bureau Jun 04 2024 - 1 min read

Clothing brand Being Human has announced the opening of its new store on social media. In a social media post, it was revealed that the company has opened up its new store in The Grand Venice Mall, Greater Noida. Just a few weeks ago, the brand reached the milestone of 100th store by opening a ...

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Kalyan Jewellers to complete Candere buyout for Rs 42 cr

TFW Bureau Jun 04 2024 - 1 min read

Kalyan Jewellers is all set to acquire Candere wholly. The company will be acquiring the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under the brand Candere, for Rs 42 crore in three tranches. This deal will make Candere a wholly owned unit as Kalyan Jewellers shifts focus from pure e-commerce to ...

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Bata India launches Nine West to Indian customers

TFW Bureau Jun 04 2024 - 1 min read

In an exclusive preview event in Delhi, Bata India has launched the latest collection from New York’s renowned footwear and accessories brand, Nine West. It’s a milestone for Bata India as it has brought Nine West to the Indian retail market. Actor Chitrangda Singh and Delhi’s top fashion influencers star lighted the recent event. The ...

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