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B2B SaaS platform Rupyz secures $1.2 Million in seed funding led by Merak Ventures to enhance FMCG distribution and supply chain solutions
Rupyz, a B2B SaaS startup, has secured $1.2 million (INR 9.9 crore) in its seed funding round, with Merak Ventures leading the investment, along...
Established brands maintain dominance in India’s FMCG sector with 65% market share, reveals Bain & Company Report
A report from Bain & Company reveals that in India, established brands in the fast-moving consumer goods (FMCG) sector still dominate, capturing 65 percent...
Patanjali Ayurved faces govt scrutiny as PMO directs Ministry of Ayush to address deceptive advertising complaints
In a notable development, the Prime Minister's Office (PMO) has instructed the Ministry of Ayush to take "necessary measures" in response to a complaint...
IHCL accelerates portfolio expansion, aims for 300 hotels in the next 3-4 months
Indian Hotels Company (IHCL) is set to achieve a milestone in its portfolio expansion, with plans to reach 300 hotels in the next three...
FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter
During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...
Lite Bite Foods targets aggressive expansion, aims to double outlet count to 400 in the next 3-5 years
Lite Bite Foods, the operator of Asia7 and Street Foods, aims to double its current count of 200 outlets in the next three to...
Blue Tokai reports 70% revenue surge in FY23; net loss soars 3.5 times amidst aggressive expansion
Blue Tokai, the specialty coffee brand backed by A91 Partners and actor Deepika Padukone's Ka Enterprises, reported a noteworthy surge in operating revenue during...
NDFCI unveils MEWA India 2024: India’s first B2B exhibition for nuts and dry fruits industry
MEWA 2024, a first-of-its-kind exposition in India, is set to host a two-day trade meet on the 16th and 17th of February. Organized under...
Nestlé India collaborates with SOCIAL and BOSS Burger to debut MAGGI’s plant-based menu across major cities
Nestlé India has collaborated with restaurant chains SOCIAL and BOSS Burger to launch a test phase for MAGGI Professional's plant-based product range. This lineup...
The Cinnamon Kitchen’s INR 60 Lakh ‘Shark Tank’ deal marks a sweet success for the bakery
In the recent episode of 'Shark Tank India 3,' The Cinnamon Kitchen, a Delhi-based bakery, secured a substantial investment of INR 60 lakh from...
Superdry CEO Julian Dunkerton weighs takeover options as struggling retailer seeks recovery
Superdry, the embattled British fashion retailer, disclosed on Friday that its CEO and major shareholder, Julian Dunkerton, is contemplating various options, including making a...
Diageo India launches micro-enterprise initiative empowering smallholder women farmers and tackling crop wastage in Nashik
Diageo India (United Spirits), a major player in the alcoholic beverage industry, has launched a micro-enterprise program to empower women farmers with small holdings...