Breaking News
Investor appetite grows for homegrown food and beverage startups as demand skyrockets
A plethora of homegrown food and beverage brands across categories such as pizzas, bubble teas, and burgers are drawing funding from early-stage institutional investors...
McDonald’s India controversy highlights need for transparency in food industry, says GlobalData Report
Given the evolving lifestyles where dining out is now commonplace rather than an occasional treat, foodservice providers must prioritize offering healthy and safe choices....
FMCG companies and Kirana stores gear up for summer: Dairy and beverage sales spike across India
Cities throughout India are experiencing the onset of the early summer season, marked by intense heat and temperatures surpassing the usual. This seasonal transition...
ISWAI calls for inflation-based pricing model to combat shrinking margins in liquor industry
Premium spirits and wine importers' body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due...
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...