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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...
Bikano expands portfolio with ‘Madras’ and ‘Kerala’ flavor mixtures, targets 2-4% market share in Southern India
Bikano, India’s leading packaged snacks brand has launched its latest offerings - the 'Madras' and 'Kerala' Flavor Mixtures. This expansion into the flavors of...
Starbucks reports robust 22% sales growth in the UK, plans to open 100 more stores
Starbucks has announced a notable 22% year-over-year sales growth in the UK for the 12 months ending on 1 October 2023, amounting to £547.7...