Friday, November 8, 2024

Industry

Lite Bite Foods launches Pan-Asian YOÜMEE outlet at Dwarka

Hotels & Restaurants
Lite Bite Foods has opened its 23rd YOÜMEE outlet at Vegas Mall in Dwarka, marking the brand's exciting entry into the city centre. According to ET Hospitality, Rohit Aggarwal, co-founder and managing director of Lite Bite Foods,...

The Hosteller secures INR 48 Cr from V3 Ventures for expansion

Hotels & Restaurants
The Hosteller, a popular backpacker hostel chain, has secured INR 48 crore in funding. The investment is a combination of equity and debt, with INR 16 crore coming from Blacksoil as debt and the remainder from...

Pernia’s Pop-Up Shop to raise INR 250 Cr for expansion ahead of IPO

D2C
D2C designer wear retailer Pernia's Pop-Up Shop, eyeing to secure INR 250 crore before its planned IPO and has hired IIFL and Axis Capital...

KL Rahul-backed fitness brand Boldfit secures INR 110 Cr from Bessemer Partners

D2C
D2C fitness and nutrition brand Boldfit secured INR 110 crore (about $13 million) from venture capital firm Bessemer Venture Partners. Boldfit continues to grow for...

Brigade Hotel ltd seeks to raise INR 900 Cr via IPO, files DRHP to SEBI

Hotels & Restaurants
Brigade Hotel Ventures Limited, a major private hotel asset owner in South India, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities...

TreeHouse Hotels introduces hi-way MOTELS, eyes growth

Hotels & Restaurants
TreeHouse Hotels & Resorts, part of Karma Hospitality LLP, has introduced hi-way MOTELS. This new addition expands their brand portfolio, which already includes The...

D2C brand Bummer introduces vending machines for innerwear

D2C
In a move to make shopping easier for its customers, Indian D2C innerwear brand Bummer has launched India's first vending machines for innerwear. This...

Reliance Retail partners with Californian brand YTTP to introduce vegan skincare items

Retail & Ecommerce
Reliance Retail’s Tira has announced the exclusive launch of California-based skincare brand Youth To The People (YTTP) in India. As the sole distributor, Reliance...

Everstone Capital pauses plan to divest 13.17% stake in Restaurant Brands Asia

Hotels & Restaurants
Everstone Capital has paused its plans to sell its 13.17% stake in Restaurant Brands Asia (formerly Burger King India). This decision came after talks...

Meesho pulls gangster Lawrence Bishnoi t-shirts after public outcry

Retail & Ecommerce
Meesho, a major e-commerce platform, has faced backlash on social media for selling t-shirts with gangster Lawrence Bishnoi. Users are accusing the company of...

Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’

Food Tech
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...

Magicpin cuts platform fee to INR 5 as Zomato, Swiggy raise charges

Retail & Ecommerce
Magicpin, a hyperlocal delivery service, has cut its platform fee to INR 5 per delivery, making it half the cost of what Zomato and...

Babyshop launches first store at Gaur City Mall

Retail & Ecommerce
Babyshop has opened its first store in India at Gaur City Mall, offering a wide range of products for babies, toddlers, and children to...

Amazon partners with HPCL to promote Low Carbon Fuels

Retail & Ecommerce
Amazon India announced on Monday, October 28 that it has signed an initial agreement with Hindustan Petroleum Corporation Ltd to promote the development and...
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