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Food-delivery startup Wonder Group secures $100 Million boost from Nestle for cutting-edge kitchen solutions
The food-delivery startup Wonder Group has received a financial boost from Nestle, as it aims to offer cutting-edge kitchen equipment and pre-prepared ingredients to...
Devyani International Q2 profits plunge 37% to INR 35.8 Crore amid inflationary challenges
On Tuesday, Devyani International Ltd, a quick service restaurant (QSR) operator, announced a 37 percent decrease in its combined net profit for the July-September...
Arvind Fashions posts strong 31.87% growth in net profit for Q2
On Tuesday, Arvind Fashions Ltd, a prominent participant in the casual and denim market, disclosed a substantial 31.87% rise in its combined net profit,...
Quick commerce unicorn Zepto raises $31.25 million in Series E funding, supported by Goodwater Capital and Nexus Venture Partners
Zepto, a fast-growing quick-commerce unicorn headquartered in Mumbai, secured an additional $31.25 million in funding through a Series E round, with investments coming from...
Jagatjit Industries expands premium portfolio with launch of Royal Pride Whisky
Jagatjit Industries Limited (JIL) has broadened its product range by introducing Royal Pride whisky in the high-end market segment, as announced in a press...
Walmart eyes major expansion in India, aiming to source $10B worth of goods annually
Walmart, which regards India as a key market for sourcing, is actively seeking to collaborate with emerging Indian suppliers and manufacturers as it aims...
Deloitte raises doubt on Dunzo’s ability to continue as ‘going concern’
Deloitte, a leading consulting firm that conducted a financial audit for Dunzo, a cash-strapped startup in FY23, has stated that the company's viability as...
Shein broadens global presence: Acquires Missguided in strategic move ahead of U.S. IPO
Shein has recently acquired the British fast fashion brand Missguided from the Frasers Group, marking a strategic move aimed at broadening its market share...
Amazon India hits record high with 2023 festive sale, 80% orders from rural areas and small towns
Amazon India, a prominent player in the e-commerce sector, announced on Tuesday that its 2023 festive sale has achieved unprecedented success, marking the best...
Rural India drives 9% growth in India’s packaged consumer goods sector
India's packaged consumer goods sector saw a remarkable 9% increase in value and an 8.6% rise in volume during the September quarter compared to...
Swiggy launches innovative AI-based ‘Photoshoot’ feature to transform restaurant menus and boost orders
Foodtech major Swiggy has recently unveiled an innovative AI-based feature known as Swiggy Photoshoot, designed to enhance the visual appeal of restaurant menus. According...
Italian plant-based cheese startup Dreamfarm secures €5 Million investment to fuel growth
Parma-based startup Dreamfarm has secured €5 million ($5.3 million) to develop its portfolio of plant-based cheeses.Giampaolo Cagnin, the entrepreneur and founder of Italiana Ingredienti,...