Monday 13 June 2022

Tynimo announces business expansion plan of opening 400 franchise stores in next 4 years

Photo caption:  Vaibhav Jain, Founder, Tynimo 

Offers business opportunity to Tier 1 and Tier 2 cities

Bengaluru…June, 13th, 2022…Tynimo, Bengaluru-based lifestyle retail brand has announced its business expansion plans for next 4 years. The fast fashion lifestyle brand is planning to open around 400 franchise stores in tier 1 and tier 2 cities across India.

The company has set some guidelines to select franchisees - One must have a retail experience, should have his/her involvement in daily store operations and should have sound earnings. To become a part of Tynimo family and open franchisee stores, a 500-600 sqft space with an investment amount of just Rs.30 lakhs is all it needs.

Vaibhav Jain, Founder, Tynimo said that, “I am so happy to announce the expansion plan of our small tiny family Tynimo. We are planning to start franchised stores in Tier 1 and Tier 2 cities. At Tynimo, we prefer to promote more eco-friendly & organic products for the sake of a greener Earth and I feel there is a need of more such stores. Currently we have flagship stores in Bangalore, Mumbai, Lucknow and with a franchisee store in Thimphu, Bhutan”

The company is going forward in their franchisee model plan as they already have 1 store in the capital city of Bhutan. Tynimo has established itself amongst the people of Bhutan as the most preferred lifestyle store even with the presence of other competitive brands. The brand, its products & pricing have made a significant impact among the people of Bhutan.

Tynimo symbolises a tiny shopping plex that has a large variety to offer for an unplanned shopper. The brand is focused on providing high quality daily lifestyle products at affordable prices, hence providing a better lifestyle. Every product at tynimo is designed on the philosophy of creative design, cost efficiency and better lifestyle. The brand is focused on looking beyond price and functionality to connect with a back story and ethics that appeals to the consumer's sense of self.

About Tynimo

Tynimo, a part of Hansum India group was started as a response to other international lifestyle brands from Japan and China. Founded by Vaibhav Jain, Tynimo offers over 15 categories of products ranging from home décor to Indian handicrafts that are sourced globally and locally. With a brand philosophy of 'tiny store, more products, high-quality products at affordable prices', each Tynimo store has an eclectic collection of products ranging from Rs.60 to Rs.10,000 catering to value-conscious consumers. Apart from lifestyle products, Tynimo has a curated range of Indian Handicrafts directly sourced from Indian Artisans.

Tynimo has over 8 stores spread across Bengaluru and Mumbai, including an exclusive store at Kempegowda International Airport, Bengaluru, Chhatrapati Shivaji Maharaj International Airport, Mumbai, Chaudhary Charan Singh International Airport, Lucknow and an international presence in Bhutan. Over the next one year, Tynimo plans to launch 20-30 stores across India. As a part of their expansion plan, Tynimo is inviting applications for the Franchise model.

For further information, please visit: www.tynimo.com

No comments:

Post a Comment