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OYO turns profitable in FY24 with INR 229 Cr PAT, cutting employee costs by half
IPO-bound OYO turned profitable in the financial year 2023-24 (FY24) as it streamlined expenses and reduced employee costs. The unicorn reported a net profit...
Zomato rolls out developer platform for PoS partners
Marking another move in its series of experiments and product launches, listed foodtech giant Zomato has introduced a developer platform for its point of...
Monster Energy launches Rehab Monster Green Tea for health-conscious consumers
Monster Energy has introduced Rehab Monster Green Tea, its newest addition to the range of non-carbonated drinks designed for health-conscious individuals seeking hydration and...
Mamaearth shares jump 5% to new all-time high of INR 546.5
Shares of Honasa Consumer, the parent company of Mamaearth, surged more than 5% in early trading on Tuesday (September 10), hitting a record high...
Jaimin Gupta acquires majority stake in Gujarat-based Aarvee Denims and Exports
Jaimin Gupta, the founder of men's fashion brand Barcelona, along with other investors have acquired a majority stake in Gujarat based Aarvee Denims and...
Gifting company Archies bets big on quick commerce platforms, plans global expansion
Archies, a leading gifts and greeting cards company, expects sales of INR 15-18 crore in FY25 through quick-commerce platforms such as Blinkit, Zepto, and...
ONDC appoints RS Sharma as non-executive chairperson
The Open Network for Digital Commerce (ONDC) has appointed Dr. R.S. Sharma as its Non-Executive Chairperson. This appointment is anticipated to drive the growth...
Home decor and lifestyle brand Nestasia raises $8.35 Mn to boost growth and expand offerings
Nestasia, a leading home decor and lifestyle brand, has secured $8.35 million in its recent funding round. The investment comes from Susquehanna Asia VC,...
Swiggy Instamart expands to 42 cities, eyes growth in tier 2 and 3 markets
In a bid to meet growing consumer demand during the festive season, IPO-bound Swiggy's quick commerce business, Instamart, has expanded its reach to 42...
Bikaji Foods, Gopal Snacks, and Prataap Snacks shares surge up to 8.5% following GST cuts on namkeen
Shares of Bikaji Foods, Gopal Snacks, and Prataap Snacks rose by as much as 8.5% on the BSE, hitting their highest levels of the...
Stove Kraft unveils multi-functional Pigeon AirFusion Air-Fryer Rotisserie Oven
Stove Kraft, a frontrunner in home and kitchen solutions, has introduced its newest innovation: the Pigeon AirFusion Air-Fryer Rotisserie Oven. This multifunctional appliance integrates...
Swiggy to increase IPO size, targets INR 5,000 Cr through fresh issue
With investor interest in Indian tech startups' public listings reigniting, food and grocery delivery giant Swiggy is contemplating an increase in the fresh issue...