Business Segments:
A) E-Commerce
a) Cocoblu:^[1]
Cocoblu Retail Limited, a subsidiary
of the company, is engaged in the E-
commerce business since 2021. It has
partnered with several big and small
brands in India to bring them on the
Cocoblu’s leading online retail platform.
In FY26, it handled ~14 crore orders,
1,500+ active vendors and brands, 90
lakh items, 900 fulfilment centres and
quick-commerce dark stores, and 99.9%
of addressable Indian pin codes. It also
entered Amazon Now quick commerce.
In Q1FY27, Cocoblu began Middle East operations with Noon, combining its
sourcing with Noon’s marketplace
and logistics network.^[2]
b) Neobrand:
It is engaged in the fast-growing B2B
online fashion apparel business. In FY23, Neobrands launched House of Brands (D2C) across multiple fashion categories, including casual wear, athleisure and denim, all launched in the Company’s brand stores on Amazon. Its seven online-first brands are Fyltr for western wear, INKD for denim, Pump’d for athleisure, Kaari and Kalaanj for ethnic wear, Akkord for musical instruments and Neomate for stationery. In FY26, the revenue rose 17% to ₹21.3 crore; exports were ₹7.2 crore /34% across UAE,
Saudi Arabia, US, Canada and Mexico