The New Shop, a burgeoning grocery convenience retail startup, is reportedly in advanced negotiations to acquire the 24Seven retail chain from Godfrey Phillips India (GPI). If finalized, this acquisition would see all existing 24Seven locations rebranded under The New Shop’s banner.
Acquisition Details
According to a recent report by The Economic Times, the acquisition talks are progressing, and…
Swiggy Instamart, the quick commerce arm of the popular food delivery platform Swiggy, has announced the appointment of Sairam Krishnamurthy as its new Chief Operating Officer (COO). This strategic move comes as Swiggy prepares for its upcoming Initial Public Offering (IPO) and aims to enhance its operations and expansion efforts.
New Role and ResponsibilitiesIn his role as senior vice-president…
