The 24Seven convenience store chain shut down across Delhi because its parent company, Godfrey Phillips India, completely exited the retail business following severe cash shortages, mounting losses, and a high-profile corporate family dispute.
·Mint
The new shop is possibly going to acquire the twenty-four seven store rebrand it under their name. So our beloved stores may be up and running soon just under a different name. But sadly twenty-four seven is not coming back and I will forever cherish the memories made at their retail store.
“Amid heavy security deployment, the Municipal Corporation of Delhi (MCD) on Friday (June 5, 2026) began sealing unauthorised establishments in various South Delhi commercial hubs,” officials said.
Where are the 24Seven stores located in Hyderabad?
Hyderabad has 24/7 convenience options, including outlets from the 24Seven retail chain located near major metro stations and commercial hubs. Key neighborhood spots include Banjara Hills, Hitech City, and Ameerpet.
India. In India, "mom-and-pop" convenience stores are called kirana stores and constitute part of the traditional food retail system. Kirana are typically family-owned stores that operate in fixed locations and carry both basic food and non-food items.
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What happened to 24-7 stores in India?
24Seven announced its exit from the retail chain
After receiving court approval to shut down the 24 Seven retail locations, Godfrey Phillips left the retail industry. The board announced the departure on 12 April and gave three reasons: long-term performance, market conditions, and strategic alignment.
There are no official 7-Eleven stores in New Delhi, India; official 7-Eleven locations in India are exclusively operated by Reliance Retail within Maharashtra (Mumbai and Pune). (Note: If you meant Delhi, California, there is a 24/7 7-Eleven in Delhi, CA located at 9510 Stephens St).
News India 24x7 was originally founded by Dr. B.S. Tomar (Chairman of NIMS University), with key leadership including Shailendra Sharma (Shalu) as Chairman and filmmaker Raaj Shaandilyaa as Vice Chairman.
How much does it cost to open a 24 Seven franchise in India?
Opening a 24Seven franchise in India requires a total investment of ₹30 Lakhs to ₹50 Lakhs. This typically includes a franchise fee of ₹2 Lakhs to ₹3 Lakhs, ₹15 Lakhs to ₹20 Lakhs for infrastructure, and additional working capital for inventory and store setup.
Is there a 24 Seven convenience store franchise available in India?
Opening a 24/7 convenience store franchise in India requires an investment of ₹20 lakhs to ₹50 lakhs or more, with prominent active brands including New Shop, Storeex 24/7, and 24 Seven.
Liquor shops in Delhi are open under normal operating hours from 10 am to 10 pm, as recent temporary early-closure restrictions and festival dry days have passed.
No general city-wide shutdown or official public holiday has been announced for Delhi tomorrow; normal services, offices, and markets will remain open.
Recent breaking news in Delhi includes a security scuffle at an MP's residence, a police crackdown on social media influencers, and renewed protests at Jantar Mantar. ·CNN-News18
Delhi has many 24Seven convenience store outlets open round-the-clock for groceries, ready-to-eat meals, and snacks. Popular locations include Connaught Place, Lajpat Nagar, and Kalkaji.
Some of the cheapest and most affordable franchises in India include Amul Ice Cream Parlour, DTDC Courier, and Delhivery. These brands require minimal initial setup costs and have low or zero franchise fees. ·Investing | Trading | Stock market
You cannot directly get a standard 7-Eleven franchise from the U.S.-based parent company in India. In 2021, Reliance Retail Ventures Limited (RRVL) secured the master franchise agreement to develop and operate 7-Eleven stores across the country. They currently operate primarily in the Mumbai and Pune clusters.
The best supermarket franchise in India depends on your budget and location, with top choices including G-Fresh Mart, Grocery 4U, and SuperK. Each brand offers different store sizes, investment levels, and supply chain support for new business owners.
Which fast food franchise is most profitable in India?
Multi-brand food court franchises like Yummy Cloud are among the most profitable food franchises in India, offering 30–45% profit margins with diversified revenue streams from multiple cuisines under one roof.
How much does it cost to open a 24/7 franchise in India?
A 24/7 convenience store franchise in India (such as 24 Seven) requires a total investment of ₹20 Lakhs to ₹50 Lakhs, covering franchise fees, store infrastructure, and initial stock.
Cigarette maker Godfrey Phillips India Ltd., Chairperson, Bina Modi on Friday defended the company's decision to close its retail business '24Seven', the brainchild of her estranged son Samir Modi, saying it was done with a view to focus on its core business.
There is no 7-Eleven in the UK because the company withdrew from the market in 1997 after struggling with intense local competition, and subsequent plans for a retail comeback were shelved because the domestic convenience sector is already heavily saturated.
In 1973, Ito-Yokado, a Japanese supermarket chain, signed a franchise agreement with the Southland Corporation to develop 7-Eleven convenience stores in Japan.
In India, 7-Eleven is operated by Reliance Retail, which launched the brand's first store in the country in Mumbai in 2021. The brand had earlier inked an agreement with Kishore Biyani's Future Group to enter the country before the two groups mutually terminated the agreement in 2021. Read more about it here.
