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Apparel brand Bombay Shirt Company raises $3.2 Million in bridge funding round led by Singularity Ventures
Apparel brand Bombay Shirt Company has secured $3.2 million (INR 26.9 crore) in a bridge funding round. Leading the fresh infusion of capital is...
Govt-backed ONDC sees rapid adoption, CEO T. Koshy expects tenfold merchant growth in coming year
On Thursday, Thampy Koshy, the MD & CEO of the government-backed Open Network for Digital Commerce (ONDC), said that the platform currently hosts approximately...
Chef Harpal Singh Sokhi’s Karigari makes debut in South India with Bengaluru launch
Celebrity chef Harpal Singh Sokhi's renowned fine-dining restaurant chain, Karigari has entered South India with the opening of its latest outlet in Bengaluru. According...
ONDC, NCCF, and Shiprocket collaborate to deliver essential household staples directly to homes under ‘Sarkar se Rasoi Tak’ initiative
In a significant move to streamline access to essential household commodities, the Open Network for Digital Commerce (ONDC), the National Cooperative Consumers' Federation of...
Zomato’s B2B vertical Hyperpure sees exponential growth in Q3 FY24, revenue inches closer to INR 1,000 Cr
For years, Zomato has relied heavily on food delivery, with a recent foray into quick commerce. However, alongside these ventures, the company has quietly...
Zomato continues streamlining operations: Completes liquidation of subsidiaries in Vietnam and Czech Republic
Zomato, a leading player in the foodtech sector, has completed the liquidation of its subsidiaries in Vietnam and the Czech Republic.In an exchange filing...
Swiggy faces another high-profile departure as independent director Mallika Srinivasan steps down ahead of IPO
In another top-level exit at Swiggy, the food delivery major's independent director Mallika Srinivasan has stepped down, nearly a year after taking up the...
Blinkit continues growth trajectory with second consecutive quarter of positive contribution
Zomato's quick commerce arm, Blinkit, continued its growth trajectory, maintaining contribution positivity for the second consecutive quarter in the three-month period that ended December...
Zomato reports third consecutive profitable quarter with INR 138 Cr PAT in Q3 FY24
Zomato, a major player in the foodtech sector, announced on Thursday its third successive quarter of profitability. For the December quarter (Q3) of the...
Britannia Industries’ Varun Berry acknowledges rural growth slump amid Q3 FY24 results
After the release of its Q3 FY24 results, Varun Berry, Vice-Chairman and Managing Director of Britannia Industries, informed analysts that rural growth is not...
Zomato allots 10.88 Crore equity shares for employee stock options ahead of Q3 FY24 earnings
Foodtech giant Zomato has allocated 10.88 crore equity shares under its multiple employee stock option plans (ESOPs) ahead of its Q3 FY24 earnings.Zomato announced...
Govt eyes stricter regulations as energy drink consumption surges among teens and athletes
As the consumption of caffeinated energy drinks continues to soar, particularly among teenagers, athletes, and gym enthusiasts, the industry is facing scrutiny by the...