24
Jan
Mumbai (Maharashtra) [India], January 23: Cupid Limited (BSE – 530843, NSE – CUPID) announced a strategic investment of ₹331.53 Cr in Baazar Style Retail Limited (Style Baazar), a well-recognised and established value retail chain that has been profitable as well as lean in operating 250+ stores across key markets in India. The investment to be made over 18 months, funded through internal accruals, marks a significant step in Cupid’s strategy to strengthen its retail presence, improve market access, penetration and accelerate growth across high-potential regions. This strategic investment provides Cupid Limited with direct access to a strong and rapidly expanding retail network, significantly enhancing the availability…
