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Beny Sachdeva Sep 02 2024 - 4 min readIn the wake of rising unemployment, the dynamics of the job market are shifting significantly. Gaurav Marya, Chairman of Franchise India Holdings Limited, sheds light on how retail layoffs are contributing to a surge in micro-entrepreneurship and franchising. The current economic landscape, marked by a 9.2% unemployment rate as of June 2024 according to the ...
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Aditya Birla Group’s Indriya Expands to Ahmedabad, Strengthening Presence in Indian Jewellery MarketBeny Sachdeva Aug 31 2024 - 1 min readAditya Birla Group is continuing to expand its jewellery retail business under the brand name Indriya. Following the recent launch of four stores in Delhi, Indore, and Jaipur, the Group has now opened a new store in the bustling Shivranjani area of Ahmedabad. This marks Indriya's latest foray into the rapidly growing ₹6.7 lakh crore ...
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Beny Sachdeva Aug 30 2024 - 1 min readThe latest funding round was spearheaded by General Catalyst, with new investors Dragon Fund and Epiq Capital joining in. Zepto, the quick commerce unicorn, has secured $340 million (over Rs 2,850 crore) in this follow-on financing round, elevating the Mumbai-based company's valuation to $5 billion, confirms a company official. This fundraising comes shortly after ...
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Beny Sachdeva Aug 27 2024 - 1 min readRebel Foods, the cloud kitchen startup backed by Peak XV, plans to expand its reach to 120 cities within the next two years. Currently, Rebel Foods operates over 450 cloud kitchens across India and globally, serving 75 cities in India alone. The company aims to double down on Tier 2 cities like Patna and Amritsar, ...
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Beny Sachdeva Aug 26 2024 - 2 min readFounded in 1992 and originally part of the Taj Group of Hotels, Birdy’s has long been a trusted name in Mumbai's bakery scene. In 2019, ownership transferred to Grill Splendour Services Pvt. Ltd., a gourmet bakery chain led by Srinidhi and Vandana Rao. Under their leadership, the brand has been revitalized and now operates 26 ...
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Beny Sachdeva Aug 19 2024 - 4 min readIn the pragmatic & dynamic world of retail, to be seen and present everywhere and staying ahead of competitors engages more than just offering excellent products and services. Retailers must time and again adapt to growing and changing consumer preferences, technological advancements, and market shifts. Post Covid, especially in the last two years that have ...