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D2C FMCG startup Mitra raises INR 11 Crore in Pre-Series A round to fuel expansion
D2C FMCG startup Mitra has secured INR 11 crore ($1.3 million) in its Pre-Series A funding round, led by Bestvantage Investments, with participation from...
Reliance Retail and Delta Galil form strategic joint venture to transform India’s apparel market
Reliance Retail Ventures Limited, a major player in the Indian retail industry, has announced a strategic 50/50 joint venture with Delta Galil Industries, Ltd.,...
Bhakti Modi takes charge as CEO of Reliance Retail’s omni-channel beauty platform Tira
Bhakti Modi, the daughter of Mukesh Ambani's key associate Manoj Modi, took charge as CEO of Reliance Retail's omni-channel beauty platform, Tira, a few...
OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half
IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...
Zomato rolls out developer platform for PoS partners
Marking another move in its series of experiments and product launches, listed foodtech giant Zomato has introduced a developer platform for its point of...
Mamaearth shares jump 5% to new all-time high of INR 546.5
Shares of Honasa Consumer, the parent company of Mamaearth, surged more than 5% in early trading on Tuesday (September 10), hitting a record high...
Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...
Gifting company Archies bets big on quick commerce platforms, plans global expansion
Archies, a leading gifts and greeting cards company, expects sales of INR 15-18 crore in FY25 through quick-commerce platforms such as Blinkit, Zepto, and...
ONDC appoints RS Sharma as non-executive chairperson
The Open Network for Digital Commerce (ONDC) has appointed Dr. R.S. Sharma as its Non-Executive Chairperson. This appointment is anticipated to drive the growth...
Swiggy Instamart expands to 42 cities, eyes growth in tier 2 and 3 markets
In a bid to meet growing consumer demand during the festive season, IPO-bound Swiggy's quick commerce business, Instamart, has expanded its reach to 42...
Bikaji Foods, Gopal Snacks, and Prataap Snacks shares surge up to 8.5% following GST cuts on namkeen
Shares of Bikaji Foods, Gopal Snacks, and Prataap Snacks rose by as much as 8.5% on the BSE, hitting their highest levels of the...
Stove Kraft unveils multi-functional Pigeon AirFusion Air-Fryer Rotisserie Oven
Stove Kraft, a frontrunner in home and kitchen solutions, has introduced its newest innovation: the Pigeon AirFusion Air-Fryer Rotisserie Oven. This multifunctional appliance integrates...