Former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal have raised $26 million in seed money for their omnichannel fashion startup Lyskraft, making it one of the largest early-stage rounds for an Indian startup amid the ongoing funding crunch. The round was led by Peak XV Partners, formerly Sequoia Capital India, Gupta told…
New Delhi: Women’s fashion brand Rareism is targeting to open 100 stores in the next two years across India, it said in a media release. This week, it has reached a total count of 30 stores, with its third store launch in Hyderabad. Akshika Poddar, founder of the company, said, “We’re proud to be a…
In Gujarat, two women reported a biological fraud involving promised payments for ovarian egg donation. Despite surrogacy laws, concerns about egg misuse were raised, highlighting the vulnerability of impoverished women to such frauds. Source link
Spanish fashion brand Mango said India is a crucial market for its global growth due to surging demand for women’s western wear, retail infrastructure built over the past decade and online adoption in India. “India is one of the 10-15 markets that matter the most today in the strategy of Mango for the growth of…
NEW DELHI: Navy will begin deploying a small batch of women Agniveers, who now number 1,119 in the force, as sailors on frontline warships, towards end-Feb to join the almost 50 women officers already serving on them.Lt Commander Prerna Deosthalee is also set to soon take over as the first woman commanding officer of a…
China’s ruling Communist Party is facing a national emergency. To fix it, the party wants more women to have more babies. It has offered them sweeteners, like cheaper housing, tax benefits and cash. It has also invoked patriotism, calling on them to be “good wives and mothers”. China’s population was 1,409,670,000 (or 1.4 billion) at…
Homegrown women’s wear brand Uptownie which started its operations in 2015 with seed money of Rs 80 lakh, is eyeing double its revenue to Rs 60 crore by the end of this fiscal, Shivani Agarwal, co-founder and CMO, Uptownie told ETRetail in an interaction. The bootstrapped brand, which is planning to register 18 per cent…
Women’s apparel brand Chique is planning for expansion into tier-2 and 3 cities across India. The company said that it plans to open over 150 stores in the next three years. The company already has a presence in 26 cities, including Delhi, Ahmedabad, Lucknow, Jaipur, Hyderabad, Ludhiana, Gurugram, Bangalore, and Mumbai. We are now eyeing…
Bata India Limited will focus more on women’s fashion footwear and bring down the average age of buyers through redevelopment of stores and engagement with influencers, said its managing director Gunjan Shah. “Women’s fashion, especially oriented towards occasions, whether it’s wedding or otherwise has been an area that we could have done much more in…
