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Irish Distillers chairman eyes India as next big market, anticipates second-highest global standing
Irish Distillers chairman Nodjame Fouad expects India to become its second-largest market globally, driven by premiumisation and consumers experimenting across spirits after the Covid-19...
Agri-fintech startup Ayekart raises $6.5M from Omnivore, Siana Capital, and Unleash Capital
Ayekart, an agri-fintech startup, has secured $6.5 million (INR 53 crore) in Series A funding from Omnivore, Siana Capital, and Unleash Capital.Unitus Capital served...
B2B seafood startup Captain Fresh secures $25M in funding Led by UK Govt-backed BII and Nekkanti Seafoods Group, eyes international expansion
B2B seafood startup Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based...
Orkla India Appoints Murali S as CEO of Eastern spice and masala brand
Orkla India, a subsidiary of the Norwegian industrial investment company Orkla ASA, has appointed Murali S as the CEO of Eastern, a key player...
OYO ventures into sports hospitality business, shortlists 100 hotels across 12 cities
Hospitality and travel-tech firm OYO on Thursday announced its foray into sports hospitality business shortlisting 100 hotels across 12 key cities, including Delhi, Chennai,...
Uttarakhand introduces new excise policy: Allows bottling of foreign liquor, targets INR 4,440 Crore revenue in FY 2024-25
The Uttarakhand government has, for the first time, allowed the bottling of foreign liquor within the state under its new excise policy for the...
Karnataka hotels and restaurants lobby for industry status and streamlined licensing procedures ahead of state budget
As the state Congress regime prepares to unveil its second budget on Friday, hotels and restaurants are lobbying the government for industry status and...
Celebrity Chef Ajay Chopra’s Plaka sets foot in South India, unveils Bengaluru outlet
Delhi-based restaurant brand Plaka by Chef Ajay Chopra has entered the South Indian market with the launch of its latest outlet in Bengaluru, as...
Scandalous Foods successfully completes pre-seed funding, secures INR 3 Crore
Scandalous Foods, a rapidly growing B2B sweets startup, has announced the successful completion of its pre-seed funding round, securing a total of INR 3...
South Indian QSR chain IDC Kitchen raises INR 1.5 Crore in debt funding from Peter Thiel-backed Velocity
IDC Kitchen, a quick service restaurant chain, has secured INR 1.5 crore in a debt fund from Peter Thiel’s Valar Ventures-backed financing platform, Velocity.The...
Indian food service market to surpass $100 Billion by 2028: Redseer Report
According to the report by market intelligence firm Redseer, the overall food service market in India is projected to surpass $100 billion by 2028,...
Indian spirits market sees slowed growth at 4% in 2023: Tax hikes and shifting consumption trends impact industry dynamics
The demand for spirits across various segments slowed to 4% in the previous calendar year, marking a significant decline from the 12% growth seen...