MoneyWorks4Me

DLF Brands plans to launch online marketplace for children: Report

14 May 2015 Evaluate

DLF Brands, a subsidiary of realty major DLF, is reportedly planning to launch an online marketplace focusing on the kids and parenting space in the next two months. The company has invested Rs 25 crore in the business and is looking at revenues of Rs 100 crore in the first year of operations.

The portal will sell apparel, toys, books, travel, and food, among others. To start with, the portal will sell 150-200 brands and 4,000 products. Within a year, the company plans to sell 400-500 brands and 10,000 products.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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