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Starbucks CEO bullish on India’s coffee market, targets 1000 cafes by 2028
Starbucks CEO Laxman Narasimhan has announced plans to open a new store in India every third day, aiming to establish 1000 cafes by 2028....
Swiggy sees another top-level departure as Instamart VP Sidharth Satpathy steps down
In another top-level exit at Swiggy, Sidharth Satpathy, the Vice President of Instamart, a subsidiary owned by the food delivery giant, has resigned from...
India’s QSR and soft drink market set for robust growth in 2024, RJ Corp Chairman Ravi Jaipuria anticipates double-digit surge
The growth in the quick service restaurants (QSRs) sector has slowed down, and last year was challenging for soft drinks. The April-June quarter, contributing...
Stellaris sells 1% stake in Mamaearth’s parent company via bulk deal, securing INR 141 Crores
Stellaris Venture Partners, a homegrown venture capital firm, has divested a 1% share in Honasa Consumer Limited, the parent company of Mamaearth, through an...
Home-cooked meals get cheaper by 3-5% as onion, tomato, and poultry prices decline in December: CRISIL Report
The cost of home-cooked meals in December decreased compared to the previous month, thanks to a significant decline in the prices of onions, tomatoes,...
Roll-up commerce startup 10club appoints Kavitha Rao as COO & Co-founder
10club, a direct-to-consumer (D2C) startup specializing in home and kitchen products, has appointed Kavitha Rao as its new Chief Operating Officer and Co-founder.In October...
Alt-dairy startup Perfect Day secures $90 Million in Pre-Series E funding, announces key leadership changes
US-based alt-dairy start-up Perfect Day has announced the completion of a pre-Series E financing round, securing up to $90 million.Led by internal investors, the...
Flex Catering expands global footprint, launches cloud-based platform in the US market
Australian catering software company, Flex Catering, has launched its cloud-based catering management platform in the US market.The company seeks to address industry gaps by...
Kabrita unveils first FDA-authorized goat milk infant formula in the US
Kabrita, a global producer of goat milk formula, has officially unveiled the first and only long-term FDA-authorized goat milk-based infant formula in the United...
Zizzi unveils exclusive frozen lineup in collaboration with Morrisons across the UK
Zizzi, the Italian restaurant, has collaborated with Morrisons to introduce a range of frozen products under the Zizzi brand in the United Kingdom.The collection,...
Restaurant booking platform TheFork announces exit from Australian market
TheFork, a global online restaurant booking and review platform, will close its operations in Australia at the end of March.Announcing the decision on its...
Indian rice exporters face uphill battle in 2024 amid policy uncertainties and price challenges
Indian rice exporters are bracing for a challenging year ahead, marked by policy uncertainties and elevated local prices that hinder the normalization of rice...