The Tatas<\/a> have pumped Rs 500 crore into Infiniti Retail<\/a>, which owns and operates the Croma<\/a> chain of retail stores and is the dominant seller of electronics in ecommerce platform Tata Neu<\/a>, latest regulatory disclosures showed. This is the one of the largest fund infusions into the electronics and mobile phone retailing business by the Tatas, showed the filings made to the Registrar of Companies (RoC). In 2021-22 and 2017-18, Infiniti Retail had raised Rs 250 crore each time from its parent while in 2019-20 it had raised Rs 100 crore. 英菲尼迪在2021 - 22和2017 - 18日零售了250卢比每一次从其母在2019 - 20已筹集了100卢比。 的再见注入500卢比吗英菲尼迪零售拥有和经营八分音符连锁零售商店和电子在电子商务平台的主要销售商塔塔Neu,最新监管披露显示。这是其中一个最大的基金注入到电子和移动电话零售业务再见,显示文件的注册的公司(中华民国)。英菲尼迪在2021 - 22和2017 - 18日零售了250卢比每一次从其母在2019 - 20已筹集了100卢比。
While the disclosures did not specify the reason behind the fund infusion, analysts said it is to fund expansion and also as Croma needs high working capital now that it has a bigger role to play in ecommerce with up-coming festive season round the corner. As per the RoC filings, Infiniti Retail allotted fifty crore equity shares of face value of Rs 10 each on rights issue basis to Tata Digital<\/a> for Rs 500 crore. Tata<\/a> Digital is the parent company of Infiniti Retail and is also the holding company for Tata Neu.
In response to an email sent on the fund raising, Infiniti Retail chief executive officer Avijit Mitra said the company is building a best in class omni-channel experience for Croma customers by opening more stores at a faster pace, building digital capabilities, online presence, and expanding supply chain infrastructure.
![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
Mohit Yadav, founder of business intelligence firm AltInfo<\/a>, said Tata's recent Rs 500 crore infusion into the business shows that capital burn will not be an obstacle when it comes to dominating ecommerce in India.
A couple of months back, Tata Group<\/a>'s other ecommerce platform, Tata Cliq<\/a>, exited the electronics category and has sold the inventory to Infiniti Retail for about Rs 113 crore.
Infiniti Retail crossed the $1-billion sales mark in 2021-22 growing revenue by 53% to Rs 8,337 crore while net losses increased to Rs 445 crore from Rs 201 crore in FY21, as per latest RoC filings. The company in the filings said with the investments in rapid expansion and digital capabilities, the management is targeting another year of rapid growth in FY23.
<\/p><\/body>","next_sibling":[{"msid":93992427,"title":"Tata Digital tweaking Neu after complaints of glitches","entity_type":"ARTICLE","link":"\/news\/tata-digital-tweaking-neu-after-complaints-of-glitches\/93992427","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"93990179","title":"Tatas continue to bet on loss-making Tata Cliq","entity_type":"IMAGES","seopath":"industry\/services\/retail\/tatas-infuse-500-crore-into-croma-owner-to-expand-ops\/tatas-continue-to-bet-on-loss-making-tata-cliq","category_name":"Tatas infuse \u20b9500 crore into Croma owner to expand ops","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1036500\/93990179.cms?width=150&height=112","link":"\/image\/industry\/services\/retail\/tatas-infuse-500-crore-into-croma-owner-to-expand-ops\/tatas-continue-to-bet-on-loss-making-tata-cliq\/93990179"}],"msid":93992534,"entity_type":"ARTICLE","title":"Tatas infuse Rs 500 crore into Croma owner to expand ops","synopsis":"In 2021-22 and 2017-18, Infiniti Retail had raised Rs 250 crore each time from its parent while in 2019-20 it had raised Rs 100 crore.","titleseo":"telecomnews\/tatas-infuse-rs-500-crore-into-croma-owner-to-expand-ops","status":"ACTIVE","authors":[{"author_name":"Writankar Mukherjee","author_link":"\/author\/8447\/writankar-mukherjee","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/8447.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":8447,"author_name":"Writankar Mukherjee","author_seo_name":"writankar-mukherjee","designation":"Senior Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-09-05 08:06:09","lastupd":"2022-09-05 08:07:52","breadcrumbTags":["croma","tatas","tata","infiniti retail","tata group","tata neu","tata cliq","altinfo","tata digital","Industry"],"secinfo":{"seolocation":"telecomnews\/tatas-infuse-rs-500-crore-into-croma-owner-to-expand-ops"}}" data-authors="[" writankar mukherjee"]" data-category-name="" data-category_id="" data-date="2022-09-05" data-index="article_1">
再见注入500卢比八分音符所有者扩张行动
而披露没有指定基金注入背后的原因,分析人士说,基金也扩张和八分音符需要高营运资金现在扮演重要的角色在电子商务即将节日期间在拐角处。根据中华民国档案,英菲尼迪零售分配50卢比的股票面值的Rs 10每个配股的基础上塔塔数码500卢比。塔塔数字是英菲尼迪的母公司零售,也是塔塔Neu的控股公司。
Mohit Yadav,商业智能公司的创始人AltInfo最近表示,塔塔的500卢比注入到业务表明,资本消耗将不是一个障碍时主导电子商务在印度。
几个月前,塔塔集团其他电子商务平台,塔塔Cliq大有,退出电子产品类别和库存卖给英菲尼迪零售价大约113卢比。
英菲尼迪零售越过10亿美元销售额在2021 - 22收入增长53%至8337卢比,而净亏损增加到445卢比在FY21 201卢比,按照最新的中华民国档案。公司的文件说投资的迅速扩张和数字能力,管理目标是FY23迅速增长的一年。
The Tatas<\/a> have pumped Rs 500 crore into Infiniti Retail<\/a>, which owns and operates the Croma<\/a> chain of retail stores and is the dominant seller of electronics in ecommerce platform Tata Neu<\/a>, latest regulatory disclosures showed. This is the one of the largest fund infusions into the electronics and mobile phone retailing business by the Tatas, showed the filings made to the Registrar of Companies (RoC). In 2021-22 and 2017-18, Infiniti Retail had raised Rs 250 crore each time from its parent while in 2019-20 it had raised Rs 100 crore.
While the disclosures did not specify the reason behind the fund infusion, analysts said it is to fund expansion and also as Croma needs high working capital now that it has a bigger role to play in ecommerce with up-coming festive season round the corner. As per the RoC filings, Infiniti Retail allotted fifty crore equity shares of face value of Rs 10 each on rights issue basis to Tata Digital<\/a> for Rs 500 crore. Tata<\/a> Digital is the parent company of Infiniti Retail and is also the holding company for Tata Neu.
In response to an email sent on the fund raising, Infiniti Retail chief executive officer Avijit Mitra said the company is building a best in class omni-channel experience for Croma customers by opening more stores at a faster pace, building digital capabilities, online presence, and expanding supply chain infrastructure.
Mohit Yadav, founder of business intelligence firm AltInfo<\/a>, said Tata's recent Rs 500 crore infusion into the business shows that capital burn will not be an obstacle when it comes to dominating ecommerce in India.
A couple of months back, Tata Group<\/a>'s other ecommerce platform, Tata Cliq<\/a>, exited the electronics category and has sold the inventory to Infiniti Retail for about Rs 113 crore.
Infiniti Retail crossed the $1-billion sales mark in 2021-22 growing revenue by 53% to Rs 8,337 crore while net losses increased to Rs 445 crore from Rs 201 crore in FY21, as per latest RoC filings. The company in the filings said with the investments in rapid expansion and digital capabilities, the management is targeting another year of rapid growth in FY23.
<\/p><\/body>","next_sibling":[{"msid":93992427,"title":"Tata Digital tweaking Neu after complaints of glitches","entity_type":"ARTICLE","link":"\/news\/tata-digital-tweaking-neu-after-complaints-of-glitches\/93992427","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"93990179","title":"Tatas continue to bet on loss-making Tata Cliq","entity_type":"IMAGES","seopath":"industry\/services\/retail\/tatas-infuse-500-crore-into-croma-owner-to-expand-ops\/tatas-continue-to-bet-on-loss-making-tata-cliq","category_name":"Tatas infuse \u20b9500 crore into Croma owner to expand ops","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-1036500\/93990179.cms?width=150&height=112","link":"\/image\/industry\/services\/retail\/tatas-infuse-500-crore-into-croma-owner-to-expand-ops\/tatas-continue-to-bet-on-loss-making-tata-cliq\/93990179"}],"msid":93992534,"entity_type":"ARTICLE","title":"Tatas infuse Rs 500 crore into Croma owner to expand ops","synopsis":"In 2021-22 and 2017-18, Infiniti Retail had raised Rs 250 crore each time from its parent while in 2019-20 it had raised Rs 100 crore.","titleseo":"telecomnews\/tatas-infuse-rs-500-crore-into-croma-owner-to-expand-ops","status":"ACTIVE","authors":[{"author_name":"Writankar Mukherjee","author_link":"\/author\/8447\/writankar-mukherjee","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/8447.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":8447,"author_name":"Writankar Mukherjee","author_seo_name":"writankar-mukherjee","designation":"Senior Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2022-09-05 08:06:09","lastupd":"2022-09-05 08:07:52","breadcrumbTags":["croma","tatas","tata","infiniti retail","tata group","tata neu","tata cliq","altinfo","tata digital","Industry"],"secinfo":{"seolocation":"telecomnews\/tatas-infuse-rs-500-crore-into-croma-owner-to-expand-ops"}}" data-news_link="//www.iser-br.com/news/tatas-infuse-rs-500-crore-into-croma-owner-to-expand-ops/93992534">
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动