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Business

Mahindra to merge online business of Mom & Me and Babyoye

While continuing with its retail expansion strategy for Mom & Me brand by opening more physical stores across the country, Mahindra Retail, which acquired Babyoye.com last month, plans to consolidate its e-commerce business into a single platform under Babyoye. In August last year, Mahindra brought in Prakash Wakankar from its private equity arm...

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Member
Business

Mahindra acquires BabyOye.com

Mahindra Group that already owns and operates baby products venture Mom & Me, has now acquired online baby products store BabyOye.com for an undisclosed amount. Experts view this as a move to strengthen its positioning in the baby-products segment, largely dominated by the unorganized sector. Babyoye, set up by Sanjay Nadkarni and his wife...

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