Cupid Limited Makes Strategic Investment of INR 331.53 Cr in Baazar Style Retail Limited to Expand Market Reach & Accelerate FMCG Growth

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Mumbai (Maharashtra) [India], January 23: Cupid Limited (BSE – 530843, NSE – CUPID) announced a strategic investment of ₹331.53 Cr in Baazar Style Retail Limited (Style Baazar), a well-recognised and established value retail chain that has been profitable as well as lean in operating 250+ stores across key markets in India. The investment to be made over 18 months, funded through internal accruals, marks a significant step in Cupid’s strategy to strengthen its retail presence, improve market access, penetration and accelerate…



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Cupid Limited Makes Strategic Investment of INR 331.53 Cr in Baazar Style Retail Limited to Expand Market Reach & Accelerate FMCG Growth


Mumbai (Maharashtra) [India], January 23: Cupid Limited (BSE – 530843, NSE – CUPID) announced a strategic investment of ₹331.53 Cr in Baazar Style Retail Limited (Style Baazar), a well-recognised and established value retail chain that has been profitable as well as lean in operating 250+ stores across key markets in India. The investment to be made over 18 months, funded through internal accruals, marks a significant step in Cupid’s strategy to strengthen its retail presence, improve market access, penetration and accelerate…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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