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RAI calls for demand-boosting measures in Union Budget 2024 to energize retail sector
The Retailers Association of India has recommended to the central government that the Union Budget for the fiscal year 2023–2024 should prioritize stimulating demand...
Indian hospitality industry set for a record-breaking 2024: Surge in new hotel rooms expected
Industry estimates indicate that this year may match or even surpass last year's record hotel room additions in India, highlighting the ongoing strength of...
PepsiCo’s Quaker brand eyes wider reach and market share with new instant oats lineup
PepsiCo India is enhancing its position in the ready-to-cook oats market by introducing the Quaker instant oats range. The company aims to attract new...
D2C brand mCaffeine’s FY23 loss widens by 61% to INR 92 Cr, sales reach INR 205 Cr
mCaffeine, the direct-to-consumer (D2C) beauty and personal care (BPC) brand, reported a significant increase in its standalone net loss for the financial year 2022-23...
FlexifyMe secures INR 10 Crore in seed funding round led by IvyCap Ventures and Flipkart Ventures
Chronic pain management platform FlexifyMe has successfully closed its seed funding round, securing INR 10 Crore from leading investors IvyCap Ventures and Flipkart Ventures....
Flipkart-backed Ninjacart hits INR 1,000 Crore operating revenue milestone, records 19% YoY growth in FY23
Flipkart-backed B2B agritech startup Ninjacart saw its operating revenue cross the INR 1,000 Crore mark in the financial year ended on March 31, 2023....
JDE Peet’s broadens portfolio with acquisition of Maratá, a leading Brazilian coffee and tea company
JDE Peet's has finalized the purchase of Maratá, a Brazilian coffee and tea company, for an undisclosed sum.Maratá primarily conducts its coffee and tea...
GFI India study unveils popular choices in plant-based foods: Chicken seekh kabab and soy milk lead the pack in consumer trials
The Good Food Institute India (GFI India) conducted a study on consumer awareness of alternative proteins, revealing that the most experimented-with plant-based meat product...
TH International opens tenth Popeyes store in Shanghai, marking continued expansion
TH International (Tims China), the sole franchisee of Tim Hortons coffee shops and Popeyes restaurants in China, has announced the opening of a new...
Liquor outlets to remain shut in Uttar Pradesh on January 22 for Ram Temple ceremony
The Uttar Pradesh Government has announced the closure of liquor outlets across the state, including cities such as Noida and Greater Noida, on January...
Barista Coffee hits the 400-store mark, aiming for 500 stores by 2024
Barista Coffee, the homegrown coffee chain, marked a significant milestone with the inauguration of its latest branch in New Delhi, bringing the total number...
Zomato rolls out ‘daily payouts’ feature, offering enhanced cash flow for emerging restaurants
Zomato, the online food delivery platform, launched a new feature on Wednesday called "daily payouts" to offer support to its emerging restaurant partners.Currently, the...