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Friday, October 18, 2024

Rising Global Demand Boosts Coffee Exports to INR 7,771.88 Cr

Food & Beverage
With global demand for Indian coffee rising, the country's coffee exports reached INR 7,771.88 crore in the first half of FY25, up 55% from...

Latest News

Foodtech

Startups

Furnishka raises INR 27 Cr in Pre-Series A funding led by IndiaQuotient

Startups
Furniture retailer Furnishka has raised INR 27 Cr ($3.25 Mn) in its Pre-Series A funding round, led by IndiaQuotient. Notable͏͏ Investors͏͏ Join͏͏ the͏͏ Funding͏͏ Round: The͏͏ round͏͏ saw͏͏ participation͏͏ from͏͏ Sparrow͏͏ Capital͏͏ and͏͏ angel͏͏ investors͏͏ such͏͏ as͏͏ Udaan͏͏...

Samantha Prabhu invests in D2C wellness brand Secret Alchemist, joins as co-founder

Startups
Actress Samantha Prabhu has made another investment in the Indian startup ecosystem by backing D2C wellness brand Secret Alchemist. Following͏͏ this͏͏ investment,͏͏ the͏͏ brand͏͏ has͏͏ also͏͏ appointed͏͏ her͏͏ as͏͏ its͏͏ cofounder. Funds͏͏ to͏͏ Boost͏͏ Marketing͏͏ and͏͏ Reach: The͏͏ startup͏͏...

Snack brand Troo Good raises INR 72 Crore in new funding round

Startups
Millet-based snack brand Troo Good has secured INR 72 crore (around $8.6 million) in funding from Oaks Asset Management, with additional participation from Puro Wellness and V Ocean Investments,͏͏ as͏͏ reported͏͏ by͏͏ Entrackr. The͏͏ board͏͏ at͏͏ Troo͏͏...

Retail & E-commerce

FMCG

Industry

Virat Kohli’s WROGN secures INR 75 cr from Aditya Birla Digital Fashion

D2C
Virat Kohli's fashion brand WROGN has secured around INR 75 crore in investment from Aditya Birla Digital Fashion Ventures Ltd (ABDFVL). Aditya Birla Digital Fashion stake rises to 32.84% in D2C With this investment, ABDFVL’s stake in the...

OYO targets to secure $200 million for US expansion

Hospitality
Oravel Stays Ltd, parent company of OYO, recently bought Motel 6 and Studio 6, and is now in discussion to secure more investments to fuel its growth through acquisitions. This comes after its $525 million purchase...

Farmery introduces Organic Honey and Wild Forest Honey with eco-friendly glass bottles

D2C
Farmery, a D2C brand focused on fresh, sustainable food, has launched two new honey variants: Organic Honey and Wild Forest Honey. They will be sold in eco-friendly glass bottles with 500g plus 100g free. The company’s...

Luxury

UK Luxury Brand Christy to Launch in India by 2025, Says CEO

Luxury
Christy, a 174-year-old British brand known for supplying face and bath towels to Wimbledon for nearly 40 years, is set to launch luxury products in India in early 2025. According to Business Line, Vanshika Goenka Misra, CEO...

Malabar Gold & Diamonds opens new flagship showroom in US, plans 20 global openings

Luxury
Malabar Gold & Diamonds announced the opening of its flagship showroom in Los Angeles, the largest and fifth location in the US on Wednesday, October 16. California Congresswoman Michelle Steele, along with MP Ahammed (Chairman), KP Abdul...

D2C GIVA raises INR 255 cr to expand offline presence

Luxury
GIVA, a direct-to-consumer (D2C) jewellery brand, has raised INR 255 crore ($30.3 million) in its expanded Series B funding round. The investment came from Premji Invest, Epiq Capital, and Edelweiss Discover Fund. Investments allow exit for A91...
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Hospitality

Latest news

Rising Global Demand Boosts Coffee Exports to INR 7,771.88 Cr

Food & Beverage
With global demand for Indian coffee rising, the country's coffee exports reached INR 7,771.88 crore in the first half of FY25, up 55% from...

Fashion tech brand Anny secures seed funding, plans physical store by 2025

Fashion
The fashion technology organisation Anny has managed to conclude its seed round which was headed by Faad Capital, alongside contributions from prominent businessmen and...

Zomato eyes fresh capital through QIP

E-Commerce
Food delivery platform, Zomato announced on Thursday, October 17, that its board will consider raising funds by issuing equity shares through qualified institutional placement...

Nestlé introduces zero-sugar Cerelac amid allegations

FMCG
Nestlé addressed claims of added sugar in Cerelac for Indian markets by launching zero refined sugar variants on Thursday, October 17. The cereal range...

Marriott International and Prestige Falcon Realty to open The Mumbai EDITION in 2028

Hospitality
Marriott International a Marriott International has signed an agreement with Prestige Falcon Realty Ventures to open The Mumbai EDITION on Wednesday, October 16, which is...

Zepto in advanced talks to raise $100 Mn from Motilal Oswal, HNIs

E-Commerce
Zepto is said to be close to securing $100 million from Motilal Oswal, an asset management company, high-net-worth individuals (HNIs), and family offices. The...

UK Luxury Brand Christy to Launch in India by 2025, Says CEO

Luxury
Christy, a 174-year-old British brand known for supplying face and bath towels to Wimbledon for nearly 40 years, is set to launch luxury products...

Malabar Gold & Diamonds opens new flagship showroom in US, plans 20 global openings

Luxury
Malabar Gold & Diamonds announced the opening of its flagship showroom in Los Angeles, the largest and fifth location in the US on Wednesday,...

Something’s Brewing to expand 100 retail locations across India by 2025

Food & Beverage
Something’s Brewing, India's spot for coffee lovers, has unveiled plans to expand its physical presence across the country. They aim to open 100 retail...

India’s alcoholic beverage exports expected to grow by 15-20% in FY25, official reveals

Food & Beverage
India's alcoholic beverage exports are growing rapidly, with a double-digit rate and an expected 15-20% increase this year, said a senior official on Wednesday,...

Purandar Highlands’ Fig and Jackfruit Juice Receive Global Recognition at SIAL Paris

Food & Beverage
Purandar Highlands Farmers Producer Company Limited from Pune has gained international recognition. Their fig juice and jackfruit juice won awards at the SIAL Innovation...

Virat Kohli’s WROGN secures INR 75 cr from Aditya Birla Digital Fashion

D2C
Virat Kohli's fashion brand WROGN has secured around INR 75 crore in investment from Aditya Birla Digital Fashion Ventures Ltd (ABDFVL). Aditya Birla Digital Fashion...
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