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Fashinza and Virgio to repay investor capital amid business model changes
According to a report by ET, at least two well-funded startups — Fashinza and Virgio — backed by the likes of Accel and Alpha...
Baron Capital elevates Swiggy’s valuation to $12.1 Billion, marking 13% increase from previous fundraise
A fund overseen by Baron Capital Group, an asset manager headquartered in the United States, has increased the fair value of the food-delivery platform...
Quick-commerce sector on track to compete with e-commerce giants, says Glade Brook Capital Founder
The Indian quick-commerce sector might see expansion into a much wider array of stock keeping units (SKUs), bringing it closer to ecommerce in the...
38th edition of AAHAR kicks off in New Delhi, showcasing growth and innovation in the industry
The 38th installment of AAHAR – the International Food and Hospitality Fair, is a collaborative effort led by the India Trade Promotion Organisation (ITPO),...
Survey finds 80% of D2C businesses yet to achieve profitability; only 12% report profits
A recent survey conducted by MMA India and Publicis Commerce reveals that 80% of direct-to-consumer (D2C) businesses have not achieved profitability, with 63% reporting...
FMCG sector to experience subdued growth until September quarter in 2024: Kantar
The FMCG sector is anticipated to experience modest growth throughout 2024 until the September quarter, as indicated by Kantar, a research and insights firm....
FMCG companies boost production of affordable snacks and beverages ahead of general elections, anticipating surge in demand
Consumer goods companies are ramping up their inventory of small packs of biscuits, bhujias, chips, packaged water, and beverages priced at INR 5 and...
Surplus in global tea market to impact Indian tea prices and exports
The global tea market is facing a surplus of 100 million kilograms of tea, which could have repercussions on Indian tea prices and exports...
Flipkart challenges Zepto and Blinkit with quick commerce expansion
The quick commerce sector is all set to heat up once again as India’s e-commerce giant is now eyeing the segment. Flipkart has started...
From scoops to sundaes: Ice cream sales set to soar 15-20% this summer
Sales of ice creams and dairy products are set to see a notable uptick this summer, with a projected 15-20% increase on the horizon...
Parineeti Chopra-backed personal care startup Clensta hits INR 100 Crore annual run rate, aims for INR 1,000 Crore milestone in three years
Clensta, a personal care products start-up backed by actress Parineeti Chopra, has reached an annual run rate (ARR) of INR 100 crore in FY24,...
Gopal Snacks IPO subscribed 56% on first day; retail investors lead with 88% subscription
The initial public offer of Gopal Snacks was subscribed 56 per cent on the first day of bidding on Wednesday.The Initial Public Offer (IPO)...