MoneyWorks4Me

RattanIndia Enterprises’ arm starts sales on Amazon India platform

25 Feb 2022 Evaluate

RattanIndia Enterprises’ (REL) 100% owned subsidiary -- Cocoblu Retail has started sales on Amazon India platform and revenue generation has started in the company. Cocoblu Retail seeks to be dominant seller on E-commerce retail platforms and has partnered with several brands in multiple categories to scale up its product offerings.

Cocoblu Retail has invested heavily in technology and has developed cutting edge retail systems with deep integrations with existing ecommerce platforms in record time. This enables the company to utilize the full potential of online retail eco-system in the country. Cocoblu Retail with its digital first approach is focused on online retail on E-commerce platforms in India. This provides a great opportunity to scale up its retail offerings in India without the complexities and capex of physical retail.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

Peers
Company Name CMP
Bajaj Finserv 1846.00
TVS Holdings 12558.90
Cholamandalam Fin. 1473.15
Altius Telecom Infra 175.00
Kama Holdings 2234.30
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