Avenue Supermarts, the parent of DMart, has approved an additional investment of up to ₹500 crore in Avenue E-Commerce, which operates DMart Ready, despite widening losses. The online grocery arm’s FY26 revenue rose 17% to ₹4,094 crore, while its loss increased to ₹307 crore. The company is focusing on 11 key cities.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.