Magicpin sees 100% yearly rise in brand partnerships

15 Jul 2024 CW Team

Magicpin, an offline fashion discovery and savings platform, announced a significant milestone with a 100% year-on-year increase in brand onboarding. According to them, they have added 1000 brands across fashion, QSR, and fine dining categories.

Additionally, more than 75,000 local merchants were added in the past 12 months, bringing the total count to 2,75,000 merchants and 3,000 brands to date.

They noted that 80% of these merchants became transactional within the first month of joining, experiencing substantial growth during that period.

The company claimed that the retention rate of merchants exceeds 90% over a 12-month period, indicating the long-term effectiveness of their pay-per-conversion model.

Over the last year, Magicpin also became the largest seller app on ONDC (Open Network for Digital Commerce), leveraging its 10 million user base, SAS services from other major participants on the network, and its Delivery as a Service (DaaS) offering for hyperlocal deliveries called Velocity, which was launched in early 2024.

Building Material

11 Mar 2026

Enlight Metals Launches Waste Free Steel Procurement Model

Enlight Metals has introduced its Waste Free Steel (WFS) initiative, aimed at transforming steel procurement through precision-driven sourcing and advanced material planning. The programme seeks to reduce steel wastage by 8–10 per cent in infrastructure and EPC projects by shifting procurement practices from volume-based buying to drawing-based supply aligned with engineering requirements.The initiative is powered by Enlight Metals’ Agentic AI–enabled metal procurement platform, which enables project teams to submit technical drawings and material specifications for detailed analysis. Ba..

Magicbricks, NAREDCO Partner for Data-Driven Real Estate Insights

Magicbricks has entered into a strategic partnership with the National Real Estate Development Council (NAREDCO) to strengthen data-driven engagement across India’s real estate ecosystem. The collaboration aims to promote research-led discussions, structured policy dialogue and wider dissemination of credible market insights across the sector.The agreement, formalised through a one-year Memorandum of Understanding, positions Magicbricks as the Knowledge Partner and Official Broadcast Partner for NAREDCO initiatives. Through its digital platform MBTV, Magicbricks will broadcast NAREDCO events..

Nuuk Partners Zetwerk to Boost Make in India Manufacturing

Nuuk, a rapidly growing direct-to-consumer home appliance brand, has entered into a multi-year strategic manufacturing partnership with Zetwerk to strengthen its Make in India manufacturing ecosystem. The collaboration is aimed at developing scalable, high-quality and cost-competitive production capabilities as the company expands its product portfolio.As part of the partnership, Sanjiv Rangrass, Non-Executive Independent Director at Zetwerk, has been appointed as Nuuk’s Make-in-India Advisor. The appointment is expected to bring strategic manufacturing expertise to support the brand’s loc..