Aditya Birla Fashion & Retail To Pay INR 100 Cr For Controlling Stake In Bewakoof

Quick Summary:

Overall, the D2C market in India, which currently has more than 50K active brands, is projected to become a $300 Bn opportunity by 2030.

According to Inc42’s latest report, ‘The State of Indian Ecommerce, Q3 2022.

This acquisition will mark the company’s official foray into the direct-to-consumer segment.“Both companies have signed a non-disclosure agreement and have also finished due diligence.

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Article Details

Author / Journalist: Gargi Sarkar

Category: Startups

Markets: India

Topics: News B2C

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 10:21:58 (2 months ago)

News Timezone: GMT +5:00

Ranking: #385 (out of 2278 stories this day)

News Source URL: inc42.com

Language: English

Article Length: 354 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Inc42

News ID: 1928671

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About Inc42

Main Topics: StartupsBusiness

Official Website: inc42.com

Update Frequency: 7 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #52

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