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Investment firm Invesco lowers Swiggy’s valuation again, marking it down to $5.5 Billion
According to regulatory filings, Invesco, an investment firm based in Atlanta, has once again lowered the valuation of Swiggy, a foodtech startup, and now...
Zomato eyes B2B logistics service to enhance revenue streams amidst sluggish food delivery growth
As the food delivery industry experiences a decline in growth after the pandemic peak, Zomato is said to be preparing to launch a B2B...
ITC Foods unveils Sunfeast Farmlite Super Millets Cookies as part of Mission Millet campaign
ITC Foods has launched its first millet cookies under the Sunfeast Farmlite brand, in line with its core purpose of promoting better eating habits...
Make your mother feel special this Mother’s Day with Chowman’s exquisite Chinese cuisine
May 14th is no ordinary Sunday as it marks a special occasion to honor the embodiment of love and the most significant person in...
Tata Starbucks ramps up expansion in India after impressive FY23 sales, launches new Indian-inspired menu
Tata Starbucks is stepping up its expansion plans in India after achieving a net sales of over INR 1,000 crore in FY23. To appeal...
Barista CEO eyes growth beyond non-metros, sees catching up for new players in Indian coffee market
Despite facing growing competition from new players and international chains, Barista, the coffee house chain, is pushing forward with its expansion plans, according to...
Amidst inflation concerns, McDonald’s shifts focus to ‘value for money’ menu
Inflation is a cause of concern for many businesses, especially those that rely on serving consumers. However, quick-service restaurants (QSR) are a segment that...
Uttar Pradesh’s excise department to revise policy for beer retailers following confusion over revenue targets
In order to clear up any confusion or uncertainty that beer retailers may have about their revenue targets, the excise department is planning to...
ONDC sparks price war, threatens Zomato and Swiggy dominance in food delivery space
A price war has been sparked in the Indian food delivery industry, as a new government-supported ecommerce delivery platform poses a threat to the...
WestBridge Capital set to invest INR 800 Crore in Milky Mist, valuing the dairy brand at nearly INR 7,000 Crore
WestBridge Capital, an investment fund with a focus on India that supports both private and public market companies, is reportedly in the final stages...
World food prices index rises in April, marking first increase in a year: FAO Report
The United Nations food agency's world price index, which measures the average price changes for a basket of food commodities around the world, experienced...
Indian government mulls imposing stock limit to curb wheat and atta prices
In an effort to prevent hoarding, the Indian government is considering various measures, one of which is to implement a limit on the amount...