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.
- Plastonix -Vee Technologies to develop a plastic waste recycling system in Karnataka
- Eighty students attend interactive session titled 'Connecting Hearts and Minds' in Mumbai-based institution
- Srijit Mukherji, Swastika Mukherjee launch author Soma Bose's second book 'I’ve Had Enough of You'
- PE firm TA Associates' strategic investment in Vee Healthtek
- Alive India and ITC Aashirvaad Svasti Milk releases Chhath Puja anthem
- Kolkata: Rotary hosts World Polio Day with students in Gyan Manch
- Alive India in Concert celebrates 10th season with Sunidhi Chauhan's performance in Bengaluru
- Narayan, Narayan: Why Jeevan is bigger than Sean Connery as James Bond
- New York teen sensation Urjani De shines at New York Puja Association's Cultural Programme 2024
- Sunidhi Chauhan teams up with Alive India Foundation to empower independent musicians, raise awareness on thalassaemia eradication
Jazeera Airways, Kuwait’s leading low-cost carrier, is offering 50% off on fares to all destinations across its network from July 28 to 31.
New Delhi : Air India Express, a subsidiary of Air India and a part of the Tata group, has launched its "Time to Travel" sale on the airline’s website, airindiaexpress.com, the Air India Express mobile app and other major booking channels.
Tokyo: Airlines were forced to cancel over 300 flights following the collision between a Japan Coast Guard aircraft and a Japan Airlines passenger plane at Tokyo's Haneda Airport on Tuesday evening even as reports said the plane was cleared to land ahead of the tragedy.