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Tuesday, October 15, 2024

Industry

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...

Tata Soulfull targets double-digit growth in three-four years 

FMCG
India’s FMCG brand Tata Soulfull aims for high double-digit growth in the next 3-4 years. Prashant Parameswaran, president of Tata Soulfull, revealed that it...

Good Drop Wine Cellars adds new Frizzano Sparkling Wine for special occasions

Food & Beverage
Good Drop Wine Cellars, a major stakeholder in India’s sparkling wine scene, has launched new products—Frizzano Sparkling Wine Brut and Brut Rosé from Nashik’s...

Zepto sells more than 1 Lakh Dandiya sticks during Navratri festivities

Retail & Ecommerce
Zepto co-founder and CEO Aadit Palicha announced on Linkedln that the platform sold over 100,000 dandiya sticks during the Navratri season. Zepto CEO Aadit announces...

Kisanserv partners with Milky Mist to expand into dairy segment

Food & Beverage
Kisanserv, a retailer of fresh fruits and vegetables, is expanding by partnering with Milky Mist, an Indian dairy brand. This partnership will add over...

GCPL, Dabur, Marico: FMCG Majors face margin pressure as palm oil, advertising and input costs rise

FMCG
Major FMCG companies predict that rising palm oil prices, higher input costs, and increased advertising and promotion expenses will affect their margins and profits...

Evenflow strengthens Quick Commerce, D2C and supply chain verticals with new heads

D2C
Evenflow Brands, an e-commerce growth company has hired four experienced leaders. These executives, formerly from Uber, bring expertise in key areas that are business,...

Beauté Secrets receives INR 1.6 crore from Velocity ahead of festive season

Fashion
Beauté Secrets, a beauty tools brand from Gurgaon, received INR 1.6 crore from Velocity, backed by Peter Thiel's Valar Ventures. Just in time for...

India’s E-commerce market targets $325 billion by end of 2030 with 21% CAGR – Reports

E-Commerce
India's online shopping market is expected to grow rapidly, reaching $325 billion by 2030, with a 21% compound annual growth rate (CAGR), according to...

Starbucks India partners with Bombay Sweet Shop to introduce exclusive festive culinary collection

Festivals
Starbucks India is all set to celebrate the season by introducing a new range of drinks and food items inspired by Indian flavour profile...

High taxes hinder growth of India’s carbonated soft drinks market: ICRIER Report

D2C
India's carbonated soft drinks segment is falling short of its growth potential due to obstacles like high taxes under the GST regime, despite government...

Amazon India records 25% surge in sales of home, kitchen, and outdoor items in Assam 

Industry
E-commerce platform Amazon India saw a 25% growth in sales of home, kitchen, and outdoor products in Assam, especially in capital city Guwahati, compared...

Blinkit’s growth is not affecting kirana stores: Zomato CEO Deepinder Goyal

Leadership
Deepinder Goyal, Zomato co-founder and chief executive stated that Blinkit's fast delivery doesn't threaten local kirana stores; instead, it rivals online shopping and ecommerce...
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