Cocoblu Retail Marks 3rd Anniversary with ESOPs for All Employees

25 Apr 2025 CW Team

Cocoblu Retail, a leading e-commerce seller and a wholly owned subsidiary of RattanIndia Enterprises Ltd, has announced a company-wide Employee Stock Ownership Plan (ESOP) as part of its third anniversary celebrations. In a pioneering move, the company will offer stock ownership to all employees—across all roles and levels—breaking industry norms and reinforcing its people-first culture.

Cocoblu has allocated 5% of its share capital for the ESOP program, with shares to be offered at a significantly subsidized exercise price. This democratized equity initiative enables every employee, from senior leaders to frontline associates, to become shareholders and participate in long-term value creation.

The announcement follows a standout performance in FY 2023–24, during which Cocoblu posted 35% year-on-year growth, surpassing the typical industry benchmark of 15–25%. This growth was driven by the company’s customer-focused strategy, agile execution, and tech-enabled operations.

Anjali Rattan, Chairperson of RattanIndia Enterprises, stated, “With our all-inclusive ESOP program, we’re giving true ownership in the growth we’ve built together. It’s a celebration of our team’s efforts and an invitation to grow with the company they’ve shaped.”

Over the past three years, Cocoblu has rapidly expanded its seller and product ecosystem, enhanced customer experience, and strengthened its tech-driven operations. With this initiative, the company signals a strong commitment to fostering a culture of ownership, inclusion, and sustained growth.

(BSE)

Technology

28 Oct 2025

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..