fashion brand
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Franchise India Bureau Jul 05 2018 - 2 min readWith fashion being the second-most important category after smartphones for the Flipkart Group, its Myntra and Jabong units plan to invest $300 million over the next three years to improve market share, according to people familiar with Flipkart’s three-year outlook. Myntra-Jabong also expect to triple their gross merchandise value a proxy for gross sales—to $4 ...
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Franchise India Bureau Jun 27 2018 - 1 min readUS-based digital payments company MoneyOnMobile plans to inject $6.2 million into its India operations to fuel its expansion plans, according to its chief executive officer, Harold Montgomery. The company, which recently concluded a fundraising, intends to ramp it up its card-swiping terminals to 30,000 in the next six months from 5,000 ...
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Franchise India Bureau Jun 01 2018 - 2 min readThe Indian Institute of Science (IISc) in Bengaluru has made it to the top 100 universities in the Times Higher Education’s World Reputation Rankings 2018, becoming the only Indian institution to make it to the prestigious list this year. The IISc has been ranked in the 91-100 band of the annual ...
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Franchise India Bureau May 21 2018 - 2 min readWith the coming up of its first retail outlet in Pune on Monday, Soul Space, a Kolkata-based organic and fairtrade certified fashion brand has kick-started its strategic expansion across the country. The brand plans to expand in Mumbai, Bangalore, and Hyderabad taking up the total number of stores to 20 in the current ...
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Franchise India Bureau Apr 27 2018 - 2 min readHyderabad-based IT services firm Cyient Ltd has acquired fully acquired semiconductor company AnSem NV for $17 million (Rs 113.5 crore) in an all-cash deal, the company said. Cyient made the acquisition through its step-down subsidiary Cyient Europe Ltd on a cash-free and debt-free basis subject to closing adjustments. The ...