Citykart news and archive

Value retail chain Citykart plans more stores in smaller cities

Citykart plans to open 30 to 35 stores especially in Tier III and IV cities. As of now, there are 53 stores in 47 cities across UP, Bihar, Nagaland and Assam. Stores range in size from 8,000 sq ft to 13,500 sq ft. All stores are company owned and company operated. The plan is to go into Orissa and tap the north-east. Launched in 2016, Citykart...

Retail

Citykart to expand retail network in small cities

Value fashion and miscellaneous fast moving consumer brand Citykart is expanding its brick-and-mortar stores across rural India. The brand raised Rs 100 crore (15 million dollars) which will go toward opening 100 new stores in the next two years. Citykart raised its first round of external equity funding from IDFC Alternatives and India SME...