| Ethnic Wear Retail | Apparel, footwear, jewelry, bags, scarves targeting women’s ethnic fashion needs. | Strong brand portfolio, omni-channel retail model, pan-India footprint, and customer loyalty from ethnic wear specialization. | Primarily B2C Indian women across multiple cities. | Exclusive and branded apparel and accessories with higher margins due to brand value. | 121 | 100 | Retail sales through physical stores and e-commerce platform. | Fixed pricing with periodic promotions; direct sales in stores and online. | Expanding store network, brand acquisitions, omni-channel sales integration. | Kiaasa, U-Women, LAABHA |