18 Mar 2015, 05:15 pm
Primarc has decided to invest over 10 million US$ in the online & E-commerce sphere over the next 2 years.
Primarc will operate across multiple online E-commerce platforms in the marketplace model.
Primarc has formed an SPV, Primarc Pecan Retail Pvt Ltd. to focus on the online business.
It has started retailing Books, Toys, Health & Personal Care, Pet Supplies and Gourmet products of leading national & international brands such as Reckitt Benckiser, Dabur Pvt Ltd, Herbal Hills, Vissco, Procter & Gamble, Funskool, Mattel, Disney, Amar Chitra Katha, Chicco, Pedigree, Drools, Choostix, Royal Canin and lots more.
‘We are investing into the online space apart from the traditional brick and mortar retail trade and are partnering with various E-Commerce platforms to offer a wide array of products. This move will help us to tap the rapidly growing online customer base & Grow our retail business overall’, said Sidharth Pansari, Managing Director, Primarc Group.
‘We are also on the verge of executing exclusive contracts for online retailing cum distribution of several national & international brands wanting to market their products through the online route in India. Primarc Pecan has in a short time created a robust infrastructure. We wish to provide best value products, combined with excellent customer service. As a group, we have outlined large investments for this business for the next five years’, added Pansari.
- Sona Institutions to open a College of Nursing at Salem
- Vee Technologies’ engineering division delivers 3,000th fire truck design for the US
- Jagannath comes to Kolkata: Up to 10 lakh devotees expected at Vishwashanti Mahayagya from April 17
- New Sheriff Goutam Ghose to unlock Kolkata's buried colonial past — records untouched since the East India Company
- Sona College’s Fashion Technology Dept. opens admissions to its 4-year B Tech program
- Som Tales: Soma Bose’s podcast celebrates the power of storytelling and conversation
- Prabha Khaitan Foundation and WWF-India to celebrate the unsung guardians of India's forest and wildlife
- Vee Vault Capital invites first cohort of high-potential founders
- Sona College student Team Nexus AI designs an intelligent PLC programming assistant
- Ind.AI: Sovereignty, jobs, energy and the “What If?”
The ongoing conflict in Iran is exerting significant pressure on the global aviation sector, with rising jet fuel prices and supply concerns creating challenges for both airlines and passengers.
Etihad Airways has announced a special promotional offer on its Pets Onboard service, making it more accessible for travellers flying with their cats and dogs.
Travelling with Air New Zealand is set to become significantly more comfortable, with the airline introducing its innovative Skycouch — a feature that allows footrests to fold up and convert three Economy seats into a flat surface, giving passengers space to stretch out and relax.