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No rush to expand categories, grocery remains primary focus: BigBasket CEO Hari Menon
BigBasket, the online supermarket owned by Tata Digital, emphasized that it isn't in a hurry to expand its range of products. Its primary focus...
D2C brands biggest disruptions to FMCG players, says Marico Founder Harsh Mariwala
Harsh Mariwala, the Founder of Marico, believes that Direct-to-Consumer (D2C) brands are the primary disruptors of FMCG companies.“Entry barriers in terms of distribution, and...
Swiggy & IRCTC join forces to offer food delivery service on trains
Swiggy, the food delivery platform, has announced a partnership with the Indian Railway Catering and Tourism Corp (IRCTC) to deliver pre-ordered meals to travelers...
Mondelez International invests in Spanish startup Pack2Earth for sustainable packaging solutions
Mondelez International has made an investment in Pack2Earth, a startup based in Spain focused on the development of "bio-based" packaging.The snacks giant participated in...
India set to boost soyoil imports in 2024, palm oil purchases expected to decline
India, the world's biggest importer of vegetable oil, is anticipated to increase its procurement of soyoil in 2024, while purchases of palm oil are...
Digital-first D2C brands intensify brick-and-mortar presence to drive expansion and revenue growth
Last month, Ghazal Alagh, co-founder of Mamaearth, India's leading direct-to-consumer (D2C) brand, shared on social media platform X: 'We continue to strengthen and expand...
Tata Consumer Products eyes further acquisitions after Capital Foods and Organic India deals
After acquiring Capital Foods and Organic India, Tata Consumer Products Limited (TCPL), a fast-moving consumer goods (FMCG) manufacturer, is prepared for further acquisitions. According...
Poultry companies set for 5-6% revenue growth in FY2025, says ICRA
Credit rating agency ICRA expects the revenue growth for its sample set of domestic poultry companies to improve mildly to about 5-6 per cent...
Zomato’s shares reach record high of INR 175.5 amidst bullish market sentiment
Zomato, a major player in the foodtech industry, saw its shares surge to a record peak of INR 175.5 during early trading on the...
FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
Safari Industries raises INR 229 Crore in funding from Lighthouse’s AIF, eyes expansion in Indian luggage market
Safari Industries (India), a prominent luggage brand, has raised INR 229 Crore (around $27 million) in fresh funding from the growth-stage venture capital firm...
Ice cream sales soar in Gujarat as summer cravings kick in early: Anticipated to break records this season
Although summer hasn't officially arrived, the craving for a summertime favorite has already taken hold. Ice cream brands are experiencing a surge in sales...
