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Tuesday, October 15, 2024

Finance & Operations

OYO restructures leadership in key verticals to accelerate global growth

Hospitality
OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution. First off, Sonal Sinha has been named chief operating officer (COO) of OYO’s international business, according...

Unilever exits Russia, sells operations and factories for unrevealed Sum

International
UK consumer goods giant Unilever announced on Thursday, October 16 that it sold its Russian business to Arnest Group, a local producer of perfume, cosmetics, and household products, for a confidential sum. Unilever to Cut 7,500 Jobs,...

UPI Transactions Soar 52% to 78.97 Billion in H1 2024, value hits INR 116.63 lac cr – Report

Finance & Operations
India's digital payment system saw remarkable growth in the first half of 2024. Transactions using Unified Payments Interface (UPI) surged 52% to 78.97 billion,...

5 best practices of cash flow management for your restaurant business

Finance & Operations
Cash flow management is one of the most critical aspects of running a successful restaurant business. With high overhead costs, fluctuating revenue streams, and...

Coke India Teams Up with Adani for Omnichannel SaaS!

Finance & Operations
Coca-Cola India has joined forces with Adani Digital Labs, a division of the Adani Group, to optimize the reach of its products to consumers...

Beverage Startup Ronin Wines raises $2 Mn led by Anthill to expand geographical presence

Finance & Operations
Moonshine alcoholic beverage company Ronin Wines has raised around $2 million in its ongoing Pre-Series A round led by Anthill Ventures. Auxano Capital, Supermorpheus,...

QSR Brand Wow! Momo Foods raises INR 125 Cr to strengthen Tier-1 & Tier-2 Presence

Finance & Operations
Indian QSR Chain Wow! Momo foods have raised $15.6 million (Approx. INR 125 Cr) from OAKS Asset Management which is a Mumbai-based firm.  This funding...

F&B Brand Paper Boat Secures $50 Mn From Singapore Sovereign Fund GIC

Finance & Operations
Hector Beverages, the parent company of popular beverage brand Paper Boat, has secured $50.1 million from Lathe Investment Pte Ltd, which is wholly owned...

Agritech Startup Loopworm raises $3.4 Mn Seed Fund led by Omnivore and WaterBridge

Finance & Operations
Agritech startup Loopworm has raised $3.4 million in seed funding led by Omnivore and WaterBridge Ventures.  The round has also seen participation from Titan Capital...

Burger Singh raises INR 30 Cr Series A Funding; plans to open 120 new outlets

Finance & Operations
The homegrown quick service restaurant(QSR) chain, Burger Singh, raised INR 30 in its Series A funding round led by Negen Capital along with Lets...

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