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Wednesday, October 23, 2024

Industry

FMCG giants roll out budget-friendly digital packs, targeting mass market

FMCG companies are now introducing digital or e-commerce-centric product packages at more affordable prices, aiming at the mass market with tailored offerings. This marks...

Kerala’s food tech sector takes center stage at Dubai Investor Meet

Kerala showcased its potential in the food, ready-to-eat, and food tech sectors to investors and entrepreneurs at the 'Investor Conclave' organized by the Kerala...

Fruitoholic raises INR 25 Crores in fundraising round, gears up for expansion into new markets

Fruitoholic, the renowned fresh fruit brand, has secured a total of INR 25 Crores in a recent fundraising round comprising both equity and debt...

Haldiram’s continues expansion in Hyderabad with inauguration of 10th QSR in Begumpet

Haldiram’s, one of the most trusted and renowned brands in the Indian culinary landscape, has further solidified its presence in Hyderabad with the inauguration...

Jubilant FoodWorks ramps up Domino’s value offerings amidst QSR downturn

Jubilant FoodWorks is looking to ramp up its focus on Domino’s value offerings as the QSR sector experiences sluggishness in the dine-in segment. As...

ITC mulls 47% stake acquisition in Prataap Snacks, eyes market share growth

ITC is currently evaluating the acquisition of a 47% stake previously held by Peak XV Partners (formerly Sequoia Capital) in the publicly traded Prataap...

Oyo launches Wizard Shark loyalty program following Ritesh Agarwal’s Shark Tank appearance

On Wednesday, Oyo announced the introduction of Wizard Shark, a novel 'limited-edition' loyalty program. This initiative comes on the heels of its founder and...

Turkish jewellery brand Zen Diamond set to enter Indian markets with metro store rollout and online debut

Zen Diamond, a Turkey-based diamond jewellery brand, has announced its plans to establish a chain of stores in top Indian metros like Mumbai, Delhi,...

Amazon to challenge Meesho with budget-friendly fashion vertical ‘Bazaar’

Amazon, the ecommerce major, is reportedly gearing up to launch its new vertical, Bazaar, showcasing budget-friendly, unbranded fashion and lifestyle products. As per ET's report,...

Animal nutrition brand eFeed secures INR 1 Crore funding from Klub for expansion

Animal management and nutrition brand eFeed has secured INR 1 crore from revenue-based financing platform Klub. In January 2023, the Pune-based startup had secured $1...

Walko Food’s NIC raises $20 Million in funding round led by Jungle Ventures

Walko Food's NIC, a renowned ice cream brand and quick-service restaurant (QSR), has secured $20 million in a recent funding round, spearheaded by its...

FMCG demand in India faces continued decline, Kantar predicts further downturn

The demand for daily groceries, essentials, and household products is projected to deteriorate over the next few quarters in India, according to global research...

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