Top Story

e4m_logo.png

Home >> Advertising >> Article

Fabmart goes international with jewellery store

23-November-2001
Font Size   16
Fabmart goes international with jewellery store

Fabmart recently went international with its jewellery store. The site is expected to break even in December this year. The e-tailing site is also considering the option of starting apparel, gifts or consumer durable store in the near future.

The e-tailing site has eight stores-grocery, books, music, toys, jewellery, computer, watch and movie store. The site was funded by Reliance in the first round of Rs 5.5 crore and received its second round of funding of Rs 20 crore by Chrysalis and Reliance in May last year. Overall break even for the site is likely to be by April 2003.

The gorcery store is operational only in four cities—Bangalore, Chennai, Hyderabad and Pune. Fabmart is also contemplating to bring the grocery store in Mumbai and Delhi.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Meanwhile Radio City and Radio Mirchi ruled Bangalore and Kolkata respectively

Pankaj Belwariar, who recently resigned from the post of Vice President Marketing at Sakal Media Group, has now joined Rajasthan Patrika as the Head of Marketing in North and East region.

A look at Vivo’s ad campaign with their all-new brand ambassador Aamir Khan, which has fetched them a whopping 21 million views on YouTube