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Hyperlocal food & beverage brands scale up presence on quick commerce to capture festive season demand
Hyperlocal food and beverage brands are increasingly expanding to quick commerce platforms like Zomato's Blinkit, Zepto, Swiggy Instamart, and BigBasket's BBNow.These brands aim to...
Amazon launches AI-powered shopping assistant ‘Rufus’ in beta for Indian users
Ecommerce giant Amazon has introduced its AI-powered shopping assistant in beta mode in India.Named Rufus, the new AI assistant will respond to user queries...
Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy
High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks.The family office of Bollywood superstar Amitabh...
Zappfresh sees 60% revenue growth to INR 90 Cr, profit rises 70% in FY24
Zappfresh, a Delhi-NCR based online meat delivery startup, has recently filed a draft red herring prospectus (DRHP) for an IPO on BSE SME. The...
D2C meat delivery startup Zappfresh moves closer to IPO with DRHP filing
As the IPO wave continues in the Indian stock market, DSM Fresh Foods Ltd, the parent company of D2C meat delivery startup Zappfresh, has...
Zomato introduces ticket reselling feature as ‘District’ app launch nears
Foodtech giant Zomato has unveiled a new 'Book Now, Sell Anytime' feature as it prepares to launch its ticketing app 'District'. The feature will...
Kalyan Jewellers’ promoters to raise INR 2,500-crore debt to boost equity stake
Kalyan Jewellers India's promoter, Trikkur Sitarama Iyer Kalyanaraman, along with the promoter group, is in talks with Motilal Oswal and 360 One to secure...
Raymond Lifestyle appoints Rajiv Sharma as non-executive director
Raymond Lifestyle has appointed Rajiv Sharma as a Non-Executive Director, further expanding its Board of Directors.Raymond Pla͏ns Raymond Lifestyle List͏i͏ng:The a͏ppointm͏ent al͏igns with Ra͏ymo͏n͏d’s͏...
India sees surge in diamond purchases as prices for solitaires drop
Indians are increasingly buying diamonds, spurred by a drop in solitaire prices since last Diwali. Jewellers are optimistic about strong sales of solitaires in...
Reliance Retail’s Freshpik opens first Bengaluru store at 1MG Mall
Reliance Retail’s experiential gourmet food superstore, Freshpik, has opened its first retail location in Bengaluru at 1MG Mall, as announced in a company official’s...
POP grows 100% month-on-month, reaches 1 Mn monthly UPI transactions in just two months
Fintech startup POP, established by former Flipkart employees, has reached a monthly run rate of one million transactions within just two months of launching....
99 Pancakes raises INR 200 Mn for pan-India expansion
99 Pancakes, India's leading QSR chain renowned for its pancakes, has secured INR 200 million in its latest Series A funding round. The investment...