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Thursday, October 17, 2024
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Latest news

IPO-bound Swiggy launches 10-minute food delivery service ‘Bolt’

Food Tech
IPO-bound foodtech giant Swiggy has introduced a new service offering quick-to-prepare dishes delivered in 10 minutes. Branded͏͏ as͏͏ Swiggy͏͏ Bolt,͏͏ the͏͏ service͏͏ is͏͏ currently͏͏ active͏͏...

UN food price index soars to 18-month high in September, driven by rising sugar prices

International
The United Nations' world food price index surged in September, according to data released on Friday, recording its largest increase in 18 months due...

Vegetarian thali prices surge 11% YoY; non-vegetarian thalis report 2% decline

Industry
The cost of home-cooked vegetarian thalis increased by 11% year-on-year in September, while non-vegetarian thalis saw a 2% decline, according to Crisil. The͏͏ increase͏͏ in͏͏...

Wooden Street hits 100-store milestone with new Udaipur outlet

Industry
Jaipur-based home decor and furnishing brand Wooden Street has marked a significant milestone by opening its 100th store in Udaipur. "We͏͏ couldn't͏͏ have͏͏ achieved͏͏ this͏͏...

Dubai court orders attachment of Honasa Consumer’s assets amid distributor dispute

D2C
The ongoing dispute between Honasa Consumer, the parent company of Mamaearth, and its former distributor, RSM General Trading, has escalated, with a Dubai court...

Amazon and India Post join forces to enhance last-mile delivery across India

Industry
E-commerce giant Amazon has teamed up with India Post to facilitate customer deliveries to every pin code across the nation. Leveraging͏͏ Last-Mile͏͏ Delivery͏͏ Networks: Under͏͏ a͏͏...

IPO-bound Swiggy pilots concierge service targeting premium customer base

Food Tech
IPO-bound Swiggy has reportedly started testing a premium concierge membership, offering subscribers exclusive access to high-end experiences and events not available to the general...

Lenskart marks entry into Thailand with first store in Bangkok

Industry
Gurugram-based omnichannel eyewear retailer Lenskart has launched its first store in Bangkok, Thailand, according͏͏ to͏͏ a͏͏ social͏͏ media͏͏ post͏͏ from͏͏ a͏͏ company͏͏ official. “3rd͏͏ October͏͏...

Fashion-tech startup Newme opens first experience store in Delhi, plans to open 15-20 stores by FY25

Industry
Newme, the rapidly expanding fashion-tech startup targeting Gen Z women, has launched its first experience store in the Delhi-NCR region at Vegas Mall in...

Costa Coffee targets rapid expansion in India, aiming for 40-50 new stores annually

Industry
Costa Coffee, the leading chain owned by Coca-Cola, is ramping up its growth strategy in India to capitalise on the rapidly expanding café culture.The͏͏...

Temasek Holdings in talks to acquire 10-15% stake in Haldiram Snacks for $11 Bn

FMCG
Temasek Holdings, one of Singapore's premier investment firms, is in talks to acquire a minority stake in Haldiram Snacks, the largest snack maker in...

D2C skincare brand Minimalist doubles profit to INR 10.9 Cr in FY24, revenue surges 1.9X YoY

D2C
D2C skincare brand Minimalist saw its net profit more than double in the financial year ended March 31, 2024. The͏͏ startup's͏͏ profit͏͏ surged͏͏ 110%͏͏...
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