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JM Financial Private Equity invests INR 45 Crore in ‘Clear Premium Water’ to accelerate growth and market expansion
JM Financial Private Equity (JMFPE), a division of the Mumbai-based financial services conglomerate, JM Financial, is injecting INR 45 crore into Energy Beverages Private...
Zepto experiments with platform fees to boost profitability
Zepto, a quick-commerce firm, has been experimenting with platform fees alongside handling charges and delivery fees in order to enhance its profitability.The company is...
Fast&Up sets sights on UK retail expansion following ASDA success
Fast&Up, India’s leading sports and health nutrition brand, is set to expand its presence in the UK market after successful placements in over 200...
Investor appetite grows for homegrown food and beverage startups as demand skyrockets
A plethora of homegrown food and beverage brands across categories such as pizzas, bubble teas, and burgers are drawing funding from early-stage institutional investors...
BigBasket and Flipkart accelerate delivery services to compete with quick-commerce rivals
Over the last two months, both BigBasket, an online grocer, and Flipkart, a leading ecommerce platform, have streamlined their delivery processes. This move comes...
Starbucks hits 400th store milestone in India with grand opening in Coimbatore
US-based coffee chain Starbucks has achieved a significant milestone in India, reaching its 400-store mark with the opening of its latest outlet in Coimbatore,...
abCoffee secures $3.4M in Series A funding led by Nexus Venture Partners, targets 150 stores by end of 2024
abCoffee, a specialty coffee quick-service restaurant chain, has secured $3.4 million in its Series A funding round, spearheaded by Nexus Venture Partners, with participation...
Varun Beverages eyes untapped markets with focus on production capacity and distribution expansion
Varun Beverages Ltd (VBL), the primary bottler for PepsiCo, is intensifying its efforts to expand manufacturing capacities, particularly in sectors such as juices, and...
From scoops to sundaes: Ice cream sales set to soar 15-20% this summer
Sales of ice creams and dairy products are set to see a notable uptick this summer, with a projected 15-20% increase on the horizon...
Antfin Singapore divests 2% stake in Zomato via bulk deals worth INR 2,827 Cr
Antfin Singapore, a subsidiary of the Chinese tech giant Ant Group, divested a 2% stake in foodtech major Zomato via bulk deals for INR...
Gopal Snacks raises INR 194 Crore from anchor investors ahead of IPO launch
Gopal Snacks Ltd announced that it secured INR 194 crore from anchor investors, just before launching its initial share sale. The Rajkot-based company has...
Antfin Singapore mulls selling 2% stake in Zomato for INR 2,800 Cr amid surging share prices
Amidst a notable surge in Zomato's share prices, China's Ant Group's arm, Antfin Singapore Holdings, is reportedly considering selling off up to a 2%...