"We already have 60,000 downloads for FuturePay so far and are targetting one crore downloads in the next 18 months," Kishore Biyani, Group CEO at Future Group told reporters here.
Future Retail, the flagship company of Future Group, operates multiple retail formats in the hypermarket, supermarket and home segments through Big Bazzar, Easy Day, KB's, FBB, Food Bazzar, Foodhall, Home Town and ezone.
The year-long negotiations with Warburg Pincus have borne fruit and retail king Kishore Biyani says its now time to get back into the investment game, reports Sajeet Manghat of CNBC-TV18.
Future Group, India's largest retailer which owns Pantaloon Retail , is looking to sell stakes in brands and units to raise funds and help cut the group's USD 1.6 billion debt, the Economic Times reported on Monday.
Kishore Biyani, Founder and CEO, Future Group talks about the impact an FDI policy may have on the business.
Kishore Biyani is spinning off his consumer durables business, Ezone, into a separate entity in order to maximise value from it, reports The Economic Times.