Adani-backed CocoCart to add 28 stores, eyes 35-40% growth scaling Neuhaus, Venchi, Bateel across India
CocoCart, 55% held by Adani via April Moon Retail, will open 28 stores this fiscal atop 61 existing outlets and 7 airport units, with Rs 16 crore infra outlay. Exclusive tie-ups with Neuhaus, Venchi, Bateel and Le Pain Quotidien anchor a 500-SKU, 40+ brand portfolio targeting Tier-1 metros through 2030.
Adani-backed CocoCart plans 28 new stores this fiscal and Rs 16 crore infra investment, scaling exclusive partnerships with Neuhaus, Venchi, Bateel and Le Pain Quotidien across Tier-1 Indian cities, targeting 35-40% annual growth through 2030.
Why this matters
CocoCart's expansion follows Adani's April Moon Retail consolidating control with 55% stake, signaling deeper push into premium gourmet retail with exclusive global brand partnerships across Indian metros.
Retail-company signals steady at 1,572 over 90 days, reflecting consistent expansion activity in the sector.