Madbow Ventures enters offline market with store in Gurugram
Direct-to-consumer e-commerce player Madbow Ventures Ltd has entered the offline space with the launch of a new store for its in-house brand Street Style Stalk in Guguram.
The store is spread across an area of 1,000 square feet and located at DLF Cybercity U Block in DLF Phase 3, Gurgaon.
Madbow Venture Pvt Ltd aims to open ten more stores within the next six months with an initial focus on Delhi NCR region followed by other regions.
Commenting on the expansion, Naveen Mahlawat, co-founder of MadBow Ventures Ltd in a statement said, “The newly launched facility is an ultra-modern setup, and we have on-boarded best retail designers to focus on a good understanding of what the people may need when they walk into our store.”
“We are planning to open a total of ten stores within the next six months. As of now, we are only focusing on the Delhi NCR region, but soon be looking to expand further. These stores will be under the different names of our multiple brands, as we look to allow our already established customer base to physically experience the specific brands,” he added.
Founded in 2016, Madbow Ventures Pvt Ltd has also partnered with leading marketplace players like Myntra, Ajio, and Amazon Fashion, among others, to strengthen its presence in the fashion e-commerce space in India.
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