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India’s alcobev market sees boost from HNIs as craft spirits gain popularity
India's alcoholic beverages market is seeing a rise in mid-sized funding deals from early-stage institutional investors and high net worth individuals (HNIs). This interest...
Zomato issues 38.72 lakh equity shares under ESOP plans
Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs).In an exchange filing on Thursday (August 29),...
D2C brand Pilgrim raises $9 Million in extended Series B round
Beauty and personal care brand Pilgrim has reportedly secured $9 million (INR 75 crore) in an extended Series B round led by Fireside Ventures...
Zepto secures $340 Mn in follow-on round, valuation hits $5 Bn
Zepto, the quick commerce unicorn, has secured $340 Mn (INR 2,850 Cr) in a 'follow-on financing' round led by General Catalyst, valuing the company...
Reliance Retail awards INR 351 Cr in ESOPs to leadership team ahead of IPO
Ahead of its initial public offering (IPO), Reliance Retail granted employee stock option plans (ESOPs) worth INR 351 crore to 15 senior executives during...
Reliance Retail expects 2x growth in revenues and EBITDA over the next 3-4 years
Reliance, India's largest retailer, plans to double its revenues and EBITDA within the next 3-4 years. The company is also set to grow its...
Royal Orchid Hotels to expand to 200 properties by FY27
Bengaluru-based Royal Orchid Hotels Ltd aims to expand its hotel network to 200 properties by FY27. The company plans to leverage the rising demand...
Reliance Retail among top 5 global retailers by store count, eyes doubling business in 3-4 years
Reliance Industries Limited (RIL) Chairman Mukesh Ambani stated on Thursday that Reliance Retail is ranked among the top five global retailers by store count...
Zomato hit with over INR 4 Cr GST tax demand and penalties
Zomato, the listed foodtech giant, has received a tax demand and penalty order totalling over INR 4.59 crore related to goods and services tax...
Max Factor expands into Indian retail market with Shoppers Stop partnership
Max Factor, the iconic Hollywood makeup brand, has made its debut in India’s physical retail market through a strategic partnership with Shoppers Stop.The partnership...
Trent’s Zudio to launch first international store in Dubai next month
Noel Tata-led Trent is set to debut its value fashion brand Zudio in Dubai next month, marking the retailer's first venture into the international...
McDonald’s India to launch global signature collection to capture premium burger market
In a bid to capture a share of the rapidly growing premium burger market, McDonald's India is introducing its global Signature Collection of burgers...