Breaking News
Govt mandates wheat stock declaration by traders to control prices
In order to prevent hoarding and speculation by unscrupulous elements, the Central Government announced on Friday that all retail and wholesale wheat traders in...
Over one billion meals wasted daily while 783 million people face hunger, UN report finds
In 2022, households wasted over one billion meals a day, while 783 million people struggled with hunger and a third of humanity faced food...
Bambrew raises INR 60 Cr in Series A funding to expand sustainable packaging solutions for FMCG and F&B sectors
Cleantech startup Bambrew has secured INR 60 Cr (approximately $7 Mn) in its Series A funding round through a mix of equity and debt....
IHCL triples hotel signings in FY24, surpassing expansion targets ahead of schedule
In FY24, the Indian Hotels Company Ltd (IHCL) inked deals for 52 hotels, almost tripling its signings from FY22 and boosting its expansion rate.The...
Personal care brand Joy targets INR 750 crore revenue in FY2025; expands distribution and enters new international markets
Joy, the personal care brand under RSH Global, aims to achieve a revenue of INR 750 crore in FY2025. The company is prioritizing the...
Elevate Foods secures $525K pre-seed funding from Wavemaker Impact to empower Indian farm-gate processors
Elevate Foods, a platform supporting small- and medium-sized farm-gate processors, has secured a pre-seed funding round of $525,000 led by Wavemaker Impact (WMi).Elevate Foods,...
HMSHost India to manage food and beverage outlets at Noida International Airport
The Noida International Airport has announced that it has awarded HMSHost India a contract to construct and manage restaurants, cafes, and other food establishments...
CIABC presses for unfettered advertising rights for liquor brand extensions amid regulatory scrutiny
The Confederation of Indian Alcoholic Beverage Companies (CIABC), a lobby representing the liquor industry, has communicated with the Ministry of Consumer Affairs. In their...
FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
Honasa Consumer enters color cosmetics market with Staze brand launch, targets Gen Z consumers with affordable quality products
Honasa Consumer, the parent company of D2C unicorn Mamaearth, has ventured into the color cosmetics segment with the launch of a new brand called...
Chai Sutta Bar expands into premium café market with Kaffee-La launch, eyes nationwide growth
Chai Sutta Bar, a popular tea chain, has ventured into the premium café market with the launch of its new brand Kaffee-La, as reported...