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Latest news
Zepto doubles target, aims to secure $300 Mn from domestic investors
Indian quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, as per sources close to the...
FSSAI directs e-Commerce FBOs to prevent misleading information about food products
The Food Safety and Standards Authority of India (FSSAI) held a meeting in Delhi with e-commerce Food Business Operators (FBOs) to reinforce food safety...
First airport microbrewery, Susegado of India launches at Goa’s Airport
India's first airport microbrewery, Susegado, has launched at Goa's Manohar International Airport, offering travellers a taste of Goan flavours and hospitality.Named after the Goan...
French patisserie Ladurée launches first store in Kolkata, India
Ladurée, the renowned French patisserie chain, has launched its first café in India at Quest Mall, Kolkata. This new venture combines Parisian elegance with...
Mirah Hospitality merges with SKFS food company in INR 80 Cr deal, plans pan-India expansion
Food services company SKFS Group has acquired Mirah Hospitality & Gourmet, owner of Rajdhani, Bayroute, and Hitchki, for INR 80 crore.Looking to scale up...
Quick commerce market to reach $40 Bn by 2030, engulfs nearly half of kirana sales
Quick commerce companies are surpassing traditional retailers, with 46% of consumers reducing purchases from Kirana shops. The quick commerce market is expected to reach...
Sula Vineyards ltd registers record revenue of INR 271.7 cr in H1FY25, 3.7% YoY
Sula Vineyards Limited, India's leading wine producer, reported a record net revenue of INR 271.7 crore for the first half of FY25, marking a...
Nashville Fried Chicken expands to Delhi with Massive Restaurants
Nashville Fried Chicken (NFC), led by Zorawar Kalra, has expanded to Delhi-NCR after successful stints in Bangalore, Hyderabad, Chennai, and Mumbai.As part of Massive...
Indian Glycols ltd forays into local beverages market with Amrut Distilleries
India Glycols Limited (IGL), a leading specialty chemicals and alcoholic beverages company, has entered India's premium alcoholic beverages market through a partnership with Bangalore-based...
Zomato to raise INR 8,500 Cr via QIP in December
Food delivery giant Zomato is planning to launch a INR 8,500 crore qualified institutional placement (QIP) in December 2024, depending on market conditions.Morgan Stanley...
FirstCry narrows loss to INR 62.85 Cr, revenue jumps 26.7%
FirstCry, a leading kids-focused omnichannel retailer, reported a significant reduction in its consolidated net loss for the second quarter of FY25. The company's net...
Rise of quick commerce is challenge to retailers, will become political issue – Uday Kotak
Kotak Mahindra Bank founder Uday Kotak has sounded a warning that the rapid growth of quick commerce trade poses a significant challenge to traditional...

