EBG Group licenses Daewoo brand for India, commits Rs 100 cr and 100 stores by 2027
EBG Group has licensed the Daewoo brand from POSCO International to sell home and kitchen appliances in India, pledging Rs 100 crore and a 100-store rollout by 2027. Home and kitchen appliances will anchor 70% of the assortment.
EBG Group licenses Daewoo brand from POSCO for India appliances, committing Rs 100 cr and 100 stores by 2027. The Func. Lab raises $1.5M for D2C nutrition across quick-commerce/retail; luxury sneaker platform The Capitalist Ventures raises Rs 10 cr.