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Greggs eyes continued growth in 2024 after 13% profit surge; breakfast demand and expanded services drive success
Greggs, the British food-to-go retailer, anticipates another year of growth in 2024 following a 13% increase in profit last year. This growth was fueled...
Wahter revolutionizes access to clean water in NCR with exclusive carts
Wahter, the renowned packaged drinking water brand from India, has launched its exclusive carts throughout the National Capital Region (NCR), marking a notable change...
Rural commerce startup Rozana raises $22.5M in funding round Led by Bertelsmann India Investments
Rozana, a rural commerce startup, has raised $22.5 million (around INR 186.5 crore) in a fresh funding round led by Bertelsmann India Investments (BII)....
Fashion retailers slash discounts amidst subdued demand and low inventory
Leading fashion and apparel retailers are adjusting their discount strategies amidst subdued demand and significantly reduced inventory levels, as stated by chief executives. This...
Bira 91 secures $25 Million funding led by Tiger Pacific Capital for expansion amidst robust growth trajectory
B9 Beverages Ltd, the parent company of the popular Indian craft beer brand Bira 91, has secured $25 million (INR 207 crore) in funding...
Gopal Snacks raises INR 194 Crore from anchor investors ahead of IPO launch
Gopal Snacks Ltd announced that it secured INR 194 crore from anchor investors, just before launching its initial share sale. The Rajkot-based company has...
No rush to expand categories, grocery remains primary focus: BigBasket CEO Hari Menon
BigBasket, the online supermarket owned by Tata Digital, emphasized that it isn't in a hurry to expand its range of products. Its primary focus...
D2C brands biggest disruptions to FMCG players, says Marico Founder Harsh Mariwala
Harsh Mariwala, the Founder of Marico, believes that Direct-to-Consumer (D2C) brands are the primary disruptors of FMCG companies.“Entry barriers in terms of distribution, and...
Culinary Art India’s 16th Edition to showcase excellence at AAHAR 2024
The Indian Culinary Forum (ICF) has unveiled the 16th iteration of Culinary Art India (CAI), slated to coincide with the 38th edition of the...
Zepto Pass hits 1 Million subscribers within a week of launch
Zepto, the quick-commerce unicorn, stated that its membership programme Zepto Pass has attracted one million sign-ups within one week of its launch.Taking to social...
Tiger Pacific Capital acquires 4% stake in B9 Beverages, sets stage for potential IPO
Tiger Pacific Capital, a private equity fund, has purchased nearly 4% of B9 Beverages, the manufacturer of Bira 91 beer and the proprietor of...
Antfin Singapore mulls selling 2% stake in Zomato for INR 2,800 Cr amid surging share prices
Amidst a notable surge in Zomato's share prices, China's Ant Group's arm, Antfin Singapore Holdings, is reportedly considering selling off up to a 2%...