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Newme maps expansion plan with first brick-and-mortar store launch in Mumbai
Fashion-tech startup brand Newme has launched its first offline store at Infiniti Mall, Mumbai, according to a press release issued on Wednesday.“As we continue...
WHO urges global tax hike on alcohol and sugar-sweetened beverages
On Tuesday, the World Health Organization (WHO) urged nations to raise taxes on alcohol and sugar-sweetened beverages, emphasizing that too few countries were employing...
Zomato experiences stock boost following high-value block deal
Zomato, the foodtech industry leader, saw a slight uptick in its stock during the initial trading hours this Friday, propelled by a substantial block...
Daawat earns top spot in Canstar Blue’s dry rice ratings in Australia
LT Foods, a venerable Indian-origin FMCG company with a 70-year legacy in the consumer food space, proudly announces that its flagship brand, Daawat, has...
Clensta taps JM Financial for expansion, fortifying its robust omnichannel presence
Clensta, a personal care brand backed by Parineeti Chopra, has engaged JM Financial, a prominent investment banking firm in India, to serve as its...
Skincare startup Phases secures INR 30 Lakhs in angel funding boost
Phases, the natural skincare startup based in Davangere, Karnataka, achieved a significant milestone with the successful acquisition of angel funding totaling INR 30 Lakhs....
Women’s wear brand Uptownie targets 2x revenue growth amidst expanding plans
Homegrown women's wear brand Uptownie, which initiated operations in 2015 with an initial investment of INR 80 lakh, is targeting a revenue of INR...
Indian e-commerce giants Myntra and Ajio unveil mega sales to sustain consumer frenzy after successful festival season
After a prosperous festival season for numerous e-commerce firms, companies are now eager to capitalize on the growing interest of Indian consumers in retail...
Epigamia appoints Rahul Jain as CEO, charts new course for growth in the health snack market
Mumbai-based health snack brand Epigamia has appointed Rahul Jain, its co-founder and chief operating officer, as the new chief executive officer.He takes over from...
ITC takes the lead as top FMCG manufacturer in the food sector
In the nine months leading up to September, ITC Ltd has emerged as the leading fast-moving consumer goods (FMCG) manufacturer in the food sector...
BIA Brands makes first foray into skincare with TrueKind acquisition
Fast-moving consumer goods (FMCG)-centric BIA Brands has acquired Mumbai-based TrueKind, marking its initial venture into the skincare space.Nevertheless, the financial terms of the deal...
SoftBank considers divesting another 1.1% stake in Zomato for $135 Million
Japanese tech investor SoftBank's SVF Growth is exploring the possibility of divesting another 1.1% stake in Zomato through a block deal worth $135 million.According...