Wednesday, January 14, 2026
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Baskin Robbins reaches 1,000-store milestone across India and SAARC region

By
M Haziq Pandit
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Baskin Robbins

Baskin Robbins, the American multinational ice cream and cake chain, has͏͏ reached͏͏ the͏͏ milestone͏͏ of͏͏ 1,000͏͏ outlets͏͏ across͏͏ India͏͏ and͏͏ the͏͏ South͏͏ Asian͏͏ Association͏͏ for͏͏ Regional͏͏ Cooperation͏͏ (SAARC)͏͏ region.

New͏͏ Store͏͏ in͏͏ Andheri͏͏ Marks͏͏ a͏͏ Major͏͏ Milestone:

The͏͏ 1,000th͏͏ store,͏͏ situated͏͏ in͏͏ Andheri,͏͏ Mumbai,͏͏ occupies͏͏ 750͏͏ sq.͏͏ ft.͏͏ of͏͏ retail͏͏ space.

“It’s͏͏ a͏͏ significant͏͏ day͏͏ for͏͏ us͏͏ at͏͏ Graviss͏͏ Foods,͏͏ the͏͏ master͏͏ franchisee͏͏ for͏͏ Baskin͏͏ Robbins͏͏ in͏͏ India͏͏ and͏͏ the͏͏ SAARC͏͏ region.͏͏ Together͏͏ with͏͏ Inspire Brands,͏͏ we͏͏ are͏͏ thrilled͏͏ to͏͏ mark͏͏ the͏͏ launch͏͏ of͏͏ our͏͏ 1,000th͏͏ store͏͏ in͏͏ the͏͏ region,”͏͏ said͏͏ Gaurav Ghai,͏͏ chairman͏͏ of͏͏ Graviss͏͏ Group.

Inspire͏͏ is͏͏ a͏͏ multi-brand͏͏ restaurant͏͏ company͏͏ that͏͏ boasts͏͏ a͏͏ portfolio͏͏ of͏͏ over͏͏ 32,600͏͏ locations͏͏ globally,͏͏ including͏͏ Arby’s,͏͏ Baskin͏͏ Robbins,͏͏ Buffalo͏͏ Wild͏͏ Wings,͏͏ Dunkin’,͏͏ Jimmy͏͏ John’s,͏͏ and͏͏ Sonic.

“We͏͏ are͏͏ excited͏͏ to͏͏ commemorate͏͏ the͏͏ opening͏͏ of͏͏ our͏͏ 1,000th͏͏ location͏͏ in͏͏ India,”͏͏ said͏͏ Michael Haley,͏͏ president͏͏ of͏͏ Inspire͏͏ Brands.͏͏ “We͏͏ extend͏͏ our͏͏ gratitude͏͏ to͏͏ Graviss͏͏ Foods͏͏ for͏͏ being͏͏ an͏͏ exceptional͏͏ franchisee͏͏ in͏͏ the͏͏ region͏͏ for͏͏ over͏͏ 30͏͏ years,͏͏ and͏͏ we͏͏ congratulate͏͏ them͏͏ on͏͏ this͏͏ achievement.”

In͏͏ February͏͏ of͏͏ this͏͏ year,͏͏ the͏͏ ice͏͏ cream͏͏ retailer͏͏ revealed͏͏ its͏͏ ambition͏͏ to͏͏ establish͏͏ 1,000͏͏ stores͏͏ in͏͏ India͏͏ and͏͏ the͏͏ South͏͏ Asian͏͏ region,͏͏ targeting͏͏ tier͏͏ 2͏͏ and͏͏ 3͏͏ cities͏͏ as͏͏ a͏͏ key͏͏ part͏͏ of͏͏ its͏͏ expansion͏͏ strategy.

Continue͏͏ Exploring:͏͏ Baskin Robbins targets͏͏ major͏͏ expansion͏͏ in͏͏ India͏͏ and͏͏ South͏͏ Asia,͏͏ aiming͏͏ for͏͏ 1000͏͏ stores͏͏ in͏͏ 2024

A͏͏ Legacy͏͏ of͏͏ Ice͏͏ Cream:͏͏ Baskin Robbins’͏͏ Global͏͏ Presence

Founded͏͏ in͏͏ 1945,͏͏ Baskin͏͏ Robbins͏͏ is͏͏ one͏͏ of͏͏ the͏͏ world’s͏͏ largest͏͏ chains͏͏ of͏͏ ice͏͏ cream͏͏ specialty͏͏ shops,͏͏ boasting͏͏ over͏͏ 7,700͏͏ retail͏͏ locations͏͏ across͏͏ 33͏͏ countries.

The͏͏ company͏͏ made͏͏ its͏͏ entry͏͏ into͏͏ India͏͏ in͏͏ 1993͏͏ through͏͏ a͏͏ joint͏͏ venture͏͏ with͏͏ the͏͏ Graviss͏͏ Group,͏͏ establishing͏͏ its͏͏ first͏͏ manufacturing͏͏ plant͏͏ outside͏͏ North͏͏ America͏͏ near͏͏ Pune.

Continue͏͏ Exploring:͏͏ Baskin Robbins expands͏͏ beyond͏͏ ice͏͏ cream:͏͏ Introduces͏͏ all-day͏͏ snacking͏͏ options͏͏ and͏͏ new͏͏ flavors͏͏ for͏͏ summer

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Optimistic Capital unveils INR 200 Cr fund to fuel growth in microbrewery sector

By
M Haziq Pandit
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0
Optimistic Capital

Bengaluru-based alternative investment firm Optimistic Capital has launched its first fund of INR 200 crore (approximately $23.9 million) to focus on investments in India’s microbrewery sector.

According͏͏ to͏͏ a͏͏ statement͏͏ from͏͏ the͏͏ AIF,͏͏ this͏͏ fund͏͏ aims͏͏ to͏͏ support͏͏ innovative͏͏ microbreweries͏͏ by͏͏ providing͏͏ the͏͏ capital͏͏ and͏͏ expertise͏͏ needed͏͏ for͏͏ growth͏͏ in͏͏ the͏͏ craft͏͏ beer͏͏ market.

Targeting͏͏ Key͏͏ Markets͏͏ for͏͏ Expansion:

The͏͏ fund͏͏ seeks͏͏ to͏͏ leverage͏͏ the͏͏ profitability͏͏ of͏͏ microbreweries,͏͏ targeting͏͏ growth͏͏ in͏͏ markets͏͏ such͏͏ as͏͏ Bengaluru,͏͏ Hyderabad,͏͏ and͏͏ Pune.

Bengaluru͏͏ is͏͏ home͏͏ to͏͏ more͏͏ than͏͏ 80͏͏ microbreweries,͏͏ with͏͏ most͏͏ of͏͏ them͏͏ reporting͏͏ profit͏͏ margins͏͏ exceeding͏͏ 20%,͏͏ the͏͏ company͏͏ noted.

Experienced͏͏ Founders͏͏ Behind͏͏ Optimistic Capital:

Optimistic͏͏ Capital,͏͏ founded͏͏ by͏͏ Karthik Chandrasekaran, Jeff Jose, Varun Krishnan, and Edwin Daniel,͏͏ is͏͏ an͏͏ alternative͏͏ investment͏͏ fund͏͏ that͏͏ adopts͏͏ an͏͏ owner-operator͏͏ model,͏͏ investing͏͏ capital͏͏ while͏͏ also͏͏ playing͏͏ an͏͏ active͏͏ role͏͏ in͏͏ the͏͏ management͏͏ and͏͏ growth͏͏ of͏͏ its͏͏ portfolio͏͏ companies.

The͏͏ fund͏͏ is͏͏ supported͏͏ by͏͏ four͏͏ founding͏͏ partners͏͏ from͏͏ the͏͏ Indian͏͏ School͏͏ of͏͏ Business͏͏ and͏͏ INSEAD.͏͏ Together,͏͏ they͏͏ bring͏͏ extensive͏͏ expertise͏͏ in͏͏ brewing,͏͏ finance,͏͏ and͏͏ marketing͏͏ within͏͏ the͏͏ microbrewery͏͏ industry.

Karthik͏͏ Chandrasekaran͏͏ is͏͏ a͏͏ co-founder͏͏ of͏͏ URU͏͏ Brewpark,͏͏ a͏͏ prominent͏͏ microbrewery͏͏ in͏͏ Bengaluru͏͏ that͏͏ offers͏͏ a͏͏ unique͏͏ combination͏͏ of͏͏ a͏͏ park͏͏ setting͏͏ and͏͏ craft͏͏ beer.

Varun͏͏ Krishnan͏͏ has͏͏ led͏͏ large-format͏͏ microbreweries,͏͏ concentrating͏͏ on͏͏ financial͏͏ planning͏͏ and͏͏ strategy͏͏ while͏͏ utilising͏͏ his͏͏ global͏͏ experience͏͏ in͏͏ project͏͏ management͏͏ and͏͏ corporate͏͏ finance.

Jeff͏͏ Jose͏͏ has͏͏ a͏͏ strong͏͏ background͏͏ in͏͏ sales͏͏ and͏͏ marketing,͏͏ having͏͏ worked͏͏ with͏͏ Kellogg͏͏ Company͏͏ and͏͏ provided͏͏ advisory͏͏ services͏͏ to͏͏ major͏͏ brands͏͏ such͏͏ as͏͏ Burger͏͏ King͏͏ and͏͏ Popeyes͏͏ in͏͏ the͏͏ APAC͏͏ region.

Edwin͏͏ Daniel͏͏ spearheaded͏͏ revenue͏͏ at͏͏ Branch͏͏ International,͏͏ a͏͏ profitable͏͏ micro-bank,͏͏ and͏͏ has͏͏ a͏͏ track͏͏ record͏͏ of͏͏ successful͏͏ exits͏͏ and͏͏ turnarounds͏͏ throughout͏͏ his͏͏ career.

“The͏͏ microbrewery͏͏ sector͏͏ in͏͏ India͏͏ is͏͏ experiencing͏͏ transformative͏͏ growth͏͏ due͏͏ to͏͏ increasing͏͏ consumer͏͏ demand͏͏ for͏͏ craft͏͏ beers͏͏ and͏͏ experiential͏͏ dining.͏͏ As͏͏ more͏͏ tier͏͏ 1͏͏ and͏͏ tier͏͏ 2͏͏ cities͏͏ embrace͏͏ this͏͏ shift͏͏ in͏͏ consumption,͏͏ our͏͏ fund͏͏ is͏͏ well-positioned͏͏ to͏͏ capitalise͏͏ on͏͏ this͏͏ opportunity,”͏͏ said͏͏ Karthik͏͏ Chandrasekaran,͏͏ General͏͏ Partner͏͏ at͏͏ Optimistic͏͏ Capital.

Continue͏͏ Exploring:͏͏ India’s͏͏ top͏͏ beer companies͏͏ unite͏͏ to͏͏ launch͏͏ Brewers͏͏ Association͏͏ of͏͏ India

This͏͏ development͏͏ comes͏͏ as͏͏ the͏͏ Karnataka͏͏ state͏͏ government͏͏ has͏͏ extended͏͏ operational͏͏ hours͏͏ for͏͏ F&B͏͏ outlets͏͏ to͏͏ 1͏͏ AM͏͏ and͏͏ eased͏͏ licensing͏͏ requirements.͏͏ The͏͏ company͏͏ highlighted͏͏ that͏͏ the͏͏ government͏͏ has͏͏ also͏͏ reduced͏͏ the͏͏ space͏͏ requirement͏͏ for͏͏ installing͏͏ microbreweries͏͏ from͏͏ 10,000͏͏ sq.͏͏ ft.͏͏ to͏͏ 6,500͏͏ sq.͏͏ ft.͏͏ to͏͏ encourage͏͏ more͏͏ entrants͏͏ into͏͏ the͏͏ sector.

This͏͏ fund͏͏ launch͏͏ aligns͏͏ with͏͏ the͏͏ rapidly͏͏ expanding͏͏ microbrewery͏͏ market͏͏ in͏͏ India,͏͏ fueled͏͏ by͏͏ increasing͏͏ consumer͏͏ demand.

Consequently,͏͏ startups͏͏ such͏͏ as͏͏ Bira͏͏ 91,͏͏ Moonshine͏͏ Meadery,͏͏ White͏͏ Owl͏͏ Brewery,͏͏ Brewbot,͏͏ The͏͏ Rockclimber,͏͏ and͏͏ Sula͏͏ Vineyards͏͏ have͏͏ established͏͏ a͏͏ strong͏͏ presence͏͏ in͏͏ the͏͏ startup͏͏ landscape.

A͏͏ Promising͏͏ Future͏͏ for͏͏ India’s͏͏ Beer Market:

According͏͏ to͏͏ a͏͏ report,͏͏ India’s͏͏ beer͏͏ market͏͏ was͏͏ valued͏͏ at͏͏ INR͏͏ 414.7͏͏ billion͏͏ in͏͏ 2023͏͏ and͏͏ is͏͏ expected͏͏ to͏͏ surpass͏͏ INR͏͏ 781.2͏͏ billion͏͏ by͏͏ 2032,͏͏ showing͏͏ a͏͏ compound͏͏ annual͏͏ growth͏͏ rate͏͏ (CAGR)͏͏ of͏͏ 7.1%͏͏ from͏͏ 2024͏͏ to͏͏ 2032.

Continue͏͏ Exploring:͏͏ Local͏͏ beer brands͏͏ gain͏͏ 400͏͏ bps͏͏ market͏͏ share͏͏ in͏͏ value͏͏ segments͏͏ as͏͏ global͏͏ giants͏͏ shift͏͏ focus͏͏ to͏͏ premium͏͏ products

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Fashion brand Virgio expands into offline retail with Broadway partnership

By
M Haziq Pandit
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0
Fashion brand Virgio

Bengaluru-based fashion brand Virgio has strengthened its offline footprint by collaborating with Broadway,͏͏ a͏͏ multi-brand͏͏ retail͏͏ outlet.

Commitment͏͏ to͏͏ Sustainable͏͏ Fashion:

“At͏͏ Virgio,͏͏ our͏͏ goal͏͏ has͏͏ always͏͏ been͏͏ to͏͏ make͏͏ sustainable͏͏ fashion͏͏ more͏͏ accessible.͏͏ Partnering͏͏ with͏͏ Broadway͏͏ brings͏͏ this͏͏ mission͏͏ into͏͏ the͏͏ offline͏͏ world,͏͏ offering͏͏ our͏͏ globally͏͏ inspired,͏͏ eco-friendly͏͏ collections͏͏ in͏͏ an͏͏ engaging,͏͏ experiential͏͏ setting,”͏͏ said͏͏ Amar͏͏ Nagaram,͏͏ founder͏͏ of͏͏ Virgio.͏͏ “Through͏͏ this͏͏ collaboration,͏͏ customers͏͏ can͏͏ experience͏͏ our͏͏ latest͏͏ innovations͏͏ firsthand,͏͏ from͏͏ upcycled͏͏ designs͏͏ to͏͏ QR-coded͏͏ garments͏͏ providing͏͏ environmental͏͏ impact͏͏ data.”

Continue͏͏ Exploring:͏͏ Fashion brand Virgio targets͏͏ growth͏͏ with͏͏ house͏͏ of͏͏ brands͏͏ strategy;͏͏ plans͏͏ expansion͏͏ into͏͏ offline͏͏ retail

Virgio,͏͏ a͏͏ homegrown͏͏ sustainable͏͏ fashion͏͏ brand,͏͏ is͏͏ dedicated͏͏ to͏͏ making͏͏ eco-friendly͏͏ fashion͏͏ accessible͏͏ to͏͏ consumers.͏͏ As͏͏ per͏͏ the͏͏ company’s͏͏ LinkedIn͏͏ profile,͏͏ it͏͏ has͏͏ secured͏͏ $9.9͏͏ million͏͏ in͏͏ Series͏͏ A͏͏ funding.

“Our͏͏ partnership͏͏ with͏͏ Virgio͏͏ enables͏͏ us͏͏ to͏͏ craft͏͏ a͏͏ retail͏͏ experience͏͏ where͏͏ consumers͏͏ can͏͏ not͏͏ only͏͏ see͏͏ and͏͏ touch͏͏ the͏͏ products͏͏ but͏͏ also͏͏ connect͏͏ with͏͏ the͏͏ brand͏͏ on͏͏ a͏͏ deeper͏͏ level,”͏͏ said͏͏ Vivek͏͏ Biyani,͏͏ Co-Founder͏͏ of͏͏ Broadway.͏͏ “Through͏͏ immersive͏͏ shopping,͏͏ we͏͏ aim͏͏ to͏͏ spotlight͏͏ innovative͏͏ D2C͏͏ brands͏͏ like͏͏ Virgio,͏͏ giving͏͏ customers͏͏ the͏͏ opportunity͏͏ to͏͏ engage͏͏ with͏͏ sustainable͏͏ fashion͏͏ in͏͏ a͏͏ more͏͏ meaningful͏͏ way.”

Broadway:͏͏ A͏͏ New͏͏ Multi-Brand͏͏ Retail͏͏ Concept

Broadway,͏͏ a͏͏ retail͏͏ concept͏͏ founded͏͏ by͏͏ Vivek͏͏ Biyani,͏͏ has͏͏ launched͏͏ its͏͏ first͏͏ 25,000͏͏ sq.͏͏ ft.͏͏ store͏͏ at͏͏ Ambience͏͏ Mall͏͏ in͏͏ New͏͏ Delhi.͏͏ In͏͏ partnership͏͏ with͏͏ actor͏͏ and͏͏ entrepreneur͏͏ Rana͏͏ Daggubati,͏͏ Broadway͏͏ showcases͏͏ approximately͏͏ 150͏͏ direct-to-consumer͏͏ brands͏͏ across͏͏ sectors͏͏ such͏͏ as͏͏ health,͏͏ wellness,͏͏ beauty,͏͏ and͏͏ fashion.͏͏ Plans͏͏ are͏͏ in͏͏ place͏͏ for͏͏ two͏͏ additional͏͏ stores:͏͏ a͏͏ 45,000͏͏ sq.͏͏ ft.͏͏ location͏͏ in͏͏ Hyderabad͏͏ set͏͏ to͏͏ open͏͏ by͏͏ September͏͏ 2024,͏͏ and͏͏ a͏͏ store͏͏ in͏͏ Mumbai͏͏ by͏͏ March͏͏ 2025.͏͏ Featured͏͏ brands͏͏ include͏͏ Aqualogica,͏͏ DermaCo,͏͏ Minimalist,͏͏ Wellbeing͏͏ Nutrition,͏͏ and͏͏ Suta.

Continue͏͏ Exploring:͏͏ Broadway launches͏͏ flagship͏͏ experiential͏͏ commerce͏͏ store͏͏ in͏͏ New͏͏ Delhi

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Funskool India expands toy range ahead of festive season

By
M Haziq Pandit
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0
Funskool toy

Funskool India, a leading player in the toy manufacturing sector, has launched a new range of toys and games in the Indian retail market, perfectly timed for the upcoming festive season. This͏͏ collection͏͏ is͏͏ designed͏͏ for͏͏ infants,͏͏ preschoolers,͏͏ and͏͏ older͏͏ children,͏͏ featuring͏͏ a͏͏ variety͏͏ of͏͏ products͏͏ across͏͏ popular͏͏ categories͏͏ like͏͏ Giggles,͏͏ Collectibles,͏͏ Board͏͏ Games,͏͏ Puzzles,͏͏ and͏͏ Fundough.

Diverse͏͏ Range͏͏ for͏͏ All͏͏ Ages:

The͏͏ new͏͏ toy͏͏ lineup͏͏ features͏͏ the͏͏ Pour͏͏ and͏͏ Play͏͏ Octopus,͏͏ Junior͏͏ Chef’s͏͏ Playset,͏͏ and͏͏ Dish͏͏ Set͏͏ from͏͏ the͏͏ Giggles͏͏ brand,͏͏ along͏͏ with͏͏ Colour͏͏ Clash͏͏ Launchers͏͏ under͏͏ Collectibles,͏͏ Country͏͏ Games͏͏ within͏͏ Board͏͏ Games,͏͏ and͏͏ Murder͏͏ Mystery͏͏ puzzles.͏͏ Additionally,͏͏ the͏͏ Fundough͏͏ brand͏͏ introduces͏͏ Sofdough͏͏ for͏͏ imaginative͏͏ play.

Continue͏͏ Exploring:͏͏ Toys ‘R’͏͏ Us͏͏ bets͏͏ big͏͏ on͏͏ Indian͏͏ market,͏͏ eyes͏͏ top͏͏ five͏͏ position͏͏ within͏͏ 4-5͏͏ years

R.͏͏ Jeswant,͏͏ CEO͏͏ of͏͏ Funskool͏͏ India͏͏ Ltd,͏͏ stated,͏͏ “We͏͏ are͏͏ thrilled͏͏ to͏͏ launch͏͏ our͏͏ latest͏͏ range͏͏ of͏͏ exciting͏͏ toys͏͏ and͏͏ games͏͏ just͏͏ as͏͏ the͏͏ country͏͏ prepares͏͏ for͏͏ a͏͏ series͏͏ of͏͏ festivals.͏͏ Our͏͏ R&D͏͏ team͏͏ excels͏͏ at͏͏ creating͏͏ products͏͏ that͏͏ prioritise͏͏ the͏͏ holistic͏͏ development͏͏ of͏͏ children,͏͏ and͏͏ these͏͏ new͏͏ offerings͏͏ are͏͏ so͏͏ unique͏͏ and͏͏ innovative͏͏ that͏͏ both͏͏ children͏͏ and͏͏ parents͏͏ will͏͏ adore͏͏ them.͏͏ We͏͏ aim͏͏ for͏͏ children͏͏ to͏͏ grow͏͏ with͏͏ our͏͏ brand,͏͏ with͏͏ products͏͏ suitable͏͏ for͏͏ ages͏͏ 18͏͏ months͏͏ and͏͏ up.”

Among͏͏ the͏͏ new͏͏ releases,͏͏ the͏͏ Pour͏͏ and͏͏ Play͏͏ Octopus͏͏ offers͏͏ a͏͏ delightful͏͏ bath͏͏ time͏͏ experience,͏͏ while͏͏ the͏͏ Junior͏͏ Chef’s͏͏ Playset͏͏ equips͏͏ young͏͏ chefs͏͏ for͏͏ imaginative͏͏ role͏͏ play͏͏ in͏͏ the͏͏ kitchen.͏͏ The͏͏ Dish͏͏ Set͏͏ features͏͏ 24͏͏ vibrant͏͏ pieces͏͏ that͏͏ encourage͏͏ fine͏͏ motor͏͏ skill͏͏ development.͏͏ For͏͏ outdoor͏͏ fun,͏͏ the͏͏ Colour͏͏ Clash͏͏ Atomic͏͏ Launcher͏͏ allows͏͏ children͏͏ to͏͏ load͏͏ rockets͏͏ with͏͏ chalk͏͏ powder͏͏ for͏͏ colorful͏͏ play.͏͏ The͏͏ Country͏͏ Games͏͏ card͏͏ set͏͏ teaches͏͏ kids͏͏ about͏͏ countries,͏͏ flags,͏͏ and͏͏ capitals,͏͏ and͏͏ the͏͏ Murder͏͏ Mystery͏͏ puzzles͏͏ present͏͏ older͏͏ children͏͏ with͏͏ intricate͏͏ 1000-piece͏͏ challenges.

Availability͏͏ and͏͏ Pricing͏͏ of͏͏ Funskool Toys:

These͏͏ toys͏͏ are͏͏ priced͏͏ from͏͏ INR͏͏ 60͏͏ to͏͏ INR͏͏ 1,649͏͏ and͏͏ are͏͏ available͏͏ at͏͏ major͏͏ toy͏͏ retailers͏͏ throughout͏͏ India,͏͏ as͏͏ well͏͏ as͏͏ online͏͏ on͏͏ e-commerce͏͏ platforms.͏͏ Funskool͏͏ India’s͏͏ new͏͏ range͏͏ aims͏͏ to͏͏ deliver͏͏ a͏͏ diverse͏͏ and͏͏ engaging͏͏ experience͏͏ for͏͏ children͏͏ while͏͏ enhancing͏͏ its͏͏ presence͏͏ in͏͏ the͏͏ Indian͏͏ retail͏͏ sector.

Continue͏͏ Exploring:͏͏ Swiggy͏͏ Instamart͏͏ partners͏͏ with͏͏ Hamleys͏͏ to͏͏ deliver͏͏ toys in͏͏ just͏͏ 10͏͏ minutes

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Merrill Pereyra steps down as Pizza Hut MD; Rohan Pewekar to take charge

By
M Haziq Pandit
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0
Merrill Pereyra Pizza Hut Rohan Pewekar

Errill Pereyra has resigned from his position as Managing Director of Pizza Hut India,͏͏ sharing͏͏ the͏͏ news͏͏ in͏͏ a͏͏ LinkedIn͏͏ post͏͏ on͏͏ Monday.

Rohan Pewekar Appointed͏͏ as͏͏ New͏͏ Managing͏͏ Director:

The͏͏ brand͏͏ recently͏͏ appointed͏͏ Rohan͏͏ Pewekar͏͏ as͏͏ the͏͏ new͏͏ Managing͏͏ Director,͏͏ succeeding͏͏ Pereyra.͏͏ Over͏͏ the͏͏ past͏͏ five͏͏ years,͏͏ Pereyra͏͏ has͏͏ led͏͏ Pizza͏͏ Hut’s͏͏ growth͏͏ and͏͏ expansion͏͏ across͏͏ the͏͏ subcontinent͏͏ from͏͏ its͏͏ headquarters͏͏ in͏͏ Gurgaon.

Continue͏͏ Exploring:͏͏ Yum!͏͏ Brands͏͏ appoints͏͏ Rohan Pewekar as͏͏ Managing͏͏ Director͏͏ for͏͏ Pizza Hut Indian͏͏ subcontinent

“I͏͏ am͏͏ confident͏͏ that͏͏ the͏͏ brand͏͏ is͏͏ in͏͏ excellent͏͏ hands͏͏ with͏͏ Rohan͏͏ Pewekar͏͏ as͏͏ the͏͏ new͏͏ Managing͏͏ Director.͏͏ His͏͏ innovation͏͏ and͏͏ passion͏͏ will͏͏ help͏͏ drive͏͏ the͏͏ brand͏͏ forward,”͏͏ Pereyra͏͏ stated͏͏ in͏͏ his͏͏ LinkedIn͏͏ post.

Prior͏͏ to͏͏ his͏͏ tenure͏͏ at͏͏ Pizza͏͏ Hut,͏͏ Pereyra͏͏ served͏͏ as͏͏ the͏͏ Executive͏͏ Director͏͏ and͏͏ CEO͏͏ of͏͏ QSR͏͏ Brands͏͏ (M)͏͏ Holdings,͏͏ a͏͏ subsidiary͏͏ of͏͏ CVC͏͏ Capital͏͏ Partners,͏͏ EPF,͏͏ and͏͏ Johor͏͏ Corporation,͏͏ which͏͏ plays͏͏ a͏͏ leading͏͏ role͏͏ in͏͏ Malaysia’s͏͏ rapidly͏͏ growing͏͏ retail͏͏ food͏͏ industry.

Continue͏͏ Exploring:͏͏ Pizza Hut ramps͏͏ up͏͏ expansion͏͏ in͏͏ India,͏͏ targets͏͏ younger͏͏ demographic͏͏ with͏͏ new͏͏ menu͏͏ offerings

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BharatPe integrates ONDC to offer food ordering and delivery services

By
M Haziq Pandit
-
0
BharatPe ONDC

Days after rebranding its Postpe app to BharatPe, the fintech giant has integrated the government-backed Open Network For Digital Commerce (ONDC) to enable food ordering and delivery for͏͏ its͏͏ users͏͏ through͏͏ the͏͏ app.

Access͏͏ to͏͏ 1.4͏͏ Lakh͏͏ Restaurants͏͏ in͏͏ 400+͏͏ Cities:

According͏͏ to͏͏ BharatPe’s͏͏ statement,͏͏ users͏͏ will͏͏ have͏͏ access͏͏ to͏͏ over͏͏ 1.4͏͏ lakh͏͏ restaurants͏͏ across͏͏ more͏͏ than͏͏ 400͏͏ cities͏͏ listed͏͏ on͏͏ ONDC͏͏ through͏͏ the͏͏ BharatPe͏͏ app.͏͏ They͏͏ will͏͏ also͏͏ be͏͏ able͏͏ to͏͏ track͏͏ their͏͏ orders͏͏ in͏͏ real͏͏ time.

The͏͏ company͏͏ further͏͏ stated͏͏ that͏͏ the͏͏ integration͏͏ will͏͏ benefit͏͏ approximately͏͏ 15͏͏ million͏͏ customers͏͏ by͏͏ removing͏͏ the͏͏ need͏͏ to͏͏ maintain͏͏ multiple͏͏ apps͏͏ on͏͏ their͏͏ phones.

“We͏͏ are͏͏ thrilled͏͏ to͏͏ join͏͏ the͏͏ ONDC͏͏ ecosystem,͏͏ enabling͏͏ our͏͏ users͏͏ to͏͏ order͏͏ and͏͏ have͏͏ food͏͏ delivered͏͏ through͏͏ our͏͏ BharatPe͏͏ app.͏͏ This͏͏ aligns͏͏ perfectly͏͏ with͏͏ our͏͏ mission͏͏ to͏͏ support͏͏ the͏͏ growth͏͏ of͏͏ local͏͏ businesses,”͏͏ said͏͏ BharatPe͏͏ CEO͏͏ Nalin͏͏ Negi.

Continue͏͏ Exploring:͏͏ Suniel͏͏ Shetty-backed͏͏ WAAYU͏͏ joins͏͏ ONDC,͏͏ aims͏͏ to͏͏ boost͏͏ restaurant͏͏ orders͏͏ with͏͏ zero-commission͏͏ model

BharatPe Strengthens͏͏ Super͏͏ App͏͏ with͏͏ UPI͏͏ and͏͏ E-Commerce:

This͏͏ development͏͏ is͏͏ in͏͏ line͏͏ with͏͏ BharatPe’s͏͏ vision͏͏ to͏͏ become͏͏ a͏͏ comprehensive͏͏ one-stop͏͏ solution͏͏ for͏͏ all͏͏ services.

For͏͏ example,͏͏ a͏͏ few͏͏ days͏͏ ago,͏͏ BharatPe,͏͏ in͏͏ collaboration͏͏ with͏͏ Unity͏͏ Bank,͏͏ entered͏͏ the͏͏ consumer͏͏ payment͏͏ space͏͏ by͏͏ launching͏͏ its͏͏ UPI͏͏ third-party͏͏ application͏͏ provider͏͏ (TPAP)͏͏ service.

Following͏͏ the͏͏ rebranding͏͏ of͏͏ its͏͏ PostPe͏͏ BNPL͏͏ (Buy͏͏ Now͏͏ Pay͏͏ Later)͏͏ app͏͏ to͏͏ BharatPe,͏͏ the͏͏ company͏͏ also͏͏ launched͏͏ UPI͏͏ Lite,͏͏ enabling͏͏ customers͏͏ to͏͏ preload͏͏ an͏͏ online͏͏ wallet͏͏ and͏͏ make͏͏ transactions͏͏ up͏͏ to͏͏ INR͏͏ 500͏͏ for͏͏ both͏͏ P2P͏͏ and͏͏ P2M͏͏ payments͏͏ without͏͏ requiring͏͏ a͏͏ UPI͏͏ PIN.

Regarding͏͏ BharatPe’s͏͏ e-commerce͏͏ strategy,͏͏ the͏͏ company͏͏ has͏͏ introduced͏͏ an͏͏ e-commerce͏͏ section͏͏ where͏͏ it͏͏ currently͏͏ offers͏͏ vouchers͏͏ for͏͏ Amazon,͏͏ HealthifyMe,͏͏ ixigo,͏͏ Nykaa,͏͏ Zomato,͏͏ and͏͏ various͏͏ modern͏͏ retail͏͏ and͏͏ D2C͏͏ brands,͏͏ in͏͏ addition͏͏ to͏͏ UPI͏͏ payments.

With͏͏ this͏͏ food͏͏ ordering͏͏ and͏͏ delivery͏͏ feature,͏͏ BharatPe͏͏ further͏͏ enhances͏͏ its͏͏ Super͏͏ App͏͏ capabilities.

As͏͏ BharatPe͏͏ continues͏͏ to͏͏ expand͏͏ its͏͏ app’s͏͏ offerings,͏͏ it͏͏ also͏͏ increased͏͏ its͏͏ stake͏͏ in͏͏ its͏͏ non-banking͏͏ financial͏͏ company͏͏ (NBFC)͏͏ Trillion͏͏ Loans͏͏ last͏͏ month͏͏ with͏͏ an͏͏ investment͏͏ of͏͏ $8-9͏͏ million.͏͏ The͏͏ company͏͏ aims͏͏ to͏͏ fully͏͏ acquire͏͏ Trillion͏͏ Loans.

This͏͏ investment͏͏ came͏͏ as͏͏ BharatPe͏͏ secured͏͏ debt͏͏ funding͏͏ of͏͏ INR͏͏ 85͏͏ crore͏͏ (approximately͏͏ $10.1͏͏ million)͏͏ from͏͏ Trifecta͏͏ Venture͏͏ and͏͏ InnoVen͏͏ Capital͏͏ through͏͏ the͏͏ issuance͏͏ of͏͏ non-convertible͏͏ debentures͏͏ (NCDs).

Revenue͏͏ Grows͏͏ Despite͏͏ FY23͏͏ Loss͏͏ Expansion:

BharatPe’s͏͏ net͏͏ loss͏͏ widened͏͏ to͏͏ INR͏͏ 926.9͏͏ crore͏͏ in͏͏ FY23,͏͏ a͏͏ 12%͏͏ increase͏͏ from͏͏ INR͏͏ 828.6͏͏ crore͏͏ in͏͏ FY21.͏͏ However,͏͏ revenue͏͏ from͏͏ operations͏͏ surged͏͏ 125%,͏͏ reaching͏͏ INR͏͏ 1,028.9͏͏ crore͏͏ in͏͏ FY23,͏͏ up͏͏ from͏͏ INR͏͏ 456.8͏͏ crore͏͏ in͏͏ the͏͏ previous͏͏ fiscal͏͏ year.

Continue͏͏ Exploring:͏͏ Ordering͏͏ via͏͏ food delivery aggregators͏͏ costs͏͏ INR͏͏ 9,000-11,000͏͏ Cr͏͏ annually:͏͏ Report

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Zomato shares soar to all-time high of INR 298.05 amid broader market rally

By
M Haziq Pandit
-
0
Zomato

Foodtech giant Zomato‘s shares continued͏͏ their͏͏ four-day͏͏ winning͏͏ streak,͏͏ rising͏͏ over͏͏ 2%͏͏ in͏͏ early͏͏ trading͏͏ on͏͏ September͏͏ 23͏͏ to͏͏ reach͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 298.05͏͏ each͏͏ on͏͏ the͏͏ BSE.

While͏͏ the͏͏ stock͏͏ surged͏͏ as͏͏ much͏͏ as͏͏ 2.5%͏͏ to͏͏ reach͏͏ a͏͏ lifetime͏͏ intraday͏͏ peak,͏͏ it͏͏ later͏͏ trimmed͏͏ some͏͏ gains.͏͏ By͏͏ 3:01͏͏ PM,͏͏ it͏͏ was͏͏ trading͏͏ at͏͏ INR͏͏ 294.75͏͏ on͏͏ the͏͏ BSE,͏͏ up͏͏ 1.4%͏͏ from͏͏ the͏͏ previous͏͏ close.

Market͏͏ Rally͏͏ Fuels͏͏ Stock͏͏ Surge:

The͏͏ rise͏͏ in͏͏ Zomato’s͏͏ share͏͏ prices͏͏ was͏͏ driven͏͏ by͏͏ a͏͏ rally͏͏ in͏͏ the͏͏ broader͏͏ market,͏͏ with͏͏ both͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty͏͏ 50͏͏ reaching͏͏ their͏͏ respective͏͏ all-time͏͏ intraday͏͏ highs.

The͏͏ 30-share͏͏ BSE͏͏ Sensex͏͏ rose͏͏ over͏͏ 0.44%͏͏ to͏͏ reach͏͏ an͏͏ all-time͏͏ intraday͏͏ high͏͏ of͏͏ 84,922.72,͏͏ while͏͏ the͏͏ NSE͏͏ Nifty͏͏ 50͏͏ gained͏͏ 0.57%͏͏ to͏͏ hit͏͏ its͏͏ lifetime͏͏ intraday͏͏ peak͏͏ of͏͏ 25,936.90.

Continue͏͏ Exploring:͏͏ Zomato shares͏͏ hit͏͏ all-time͏͏ High͏͏ of͏͏ INR͏͏ 290.50͏͏ amid͏͏ broader͏͏ market͏͏ rally

The͏͏ record-breaking͏͏ rally͏͏ in͏͏ the͏͏ broader͏͏ market͏͏ followed͏͏ the͏͏ US͏͏ Federal͏͏ Reserve’s͏͏ decision͏͏ to͏͏ cut͏͏ interest͏͏ rates͏͏ by͏͏ half͏͏ a͏͏ percentage͏͏ point͏͏ for͏͏ the͏͏ first͏͏ time͏͏ in͏͏ four͏͏ years,͏͏ bringing͏͏ the͏͏ rates͏͏ down͏͏ to͏͏ approximately͏͏ 4.9%.

JP͏͏ Morgan͏͏ Raises͏͏ Target͏͏ Price͏͏ for͏͏ Zomato:

Notably,͏͏ brokerage͏͏ firm͏͏ JP͏͏ Morgan͏͏ recently͏͏ reaffirmed͏͏ its͏͏ “overweight”͏͏ rating͏͏ on͏͏ Zomato,͏͏ increasing͏͏ its͏͏ target͏͏ price͏͏ to͏͏ INR͏͏ 340͏͏ per͏͏ share͏͏ from͏͏ INR͏͏ 208.͏͏ This͏͏ suggests͏͏ an͏͏ upside͏͏ potential͏͏ of͏͏ nearly͏͏ 17%͏͏ based͏͏ on͏͏ the͏͏ stock’s͏͏ previous͏͏ close.

Shares͏͏ of͏͏ Zomato͏͏ have͏͏ surged͏͏ nearly͏͏ 140%͏͏ year-to-date,͏͏ driven͏͏ by͏͏ the͏͏ company’s͏͏ improving͏͏ profitability͏͏ and͏͏ the͏͏ introduction͏͏ of͏͏ several͏͏ appealing͏͏ features,͏͏ including͏͏ group͏͏ ordering͏͏ and͏͏ ticket͏͏ rescheduling,͏͏ among͏͏ others.

Continue͏͏ Exploring:͏͏ Zomato shares͏͏ surge͏͏ 7.7%͏͏ after͏͏ JP͏͏ Morgan͏͏ raises͏͏ target͏͏ price͏͏ to͏͏ INR͏͏ 340

Impressive͏͏ Q1͏͏ FY25͏͏ Financial͏͏ Performance:

Zomato’s͏͏ profit͏͏ soared͏͏ to͏͏ INR͏͏ 253͏͏ crore͏͏ in͏͏ Q1͏͏ FY25,͏͏ up͏͏ from͏͏ INR͏͏ 2͏͏ crore͏͏ in͏͏ the͏͏ same͏͏ quarter͏͏ last͏͏ year.͏͏ Revenue͏͏ from͏͏ operations͏͏ also͏͏ increased͏͏ by͏͏ 74%͏͏ to͏͏ INR͏͏ 4,206͏͏ crore,͏͏ compared͏͏ to͏͏ INR͏͏ 2,416͏͏ crore͏͏ in͏͏ Q1͏͏ FY24.

Conversely,͏͏ Zomato͏͏ has͏͏ been͏͏ facing͏͏ growing͏͏ pressure͏͏ from͏͏ GST͏͏ authorities͏͏ in͏͏ the͏͏ country.͏͏ Last͏͏ week,͏͏ the͏͏ West͏͏ Bengal͏͏ GST͏͏ authorities͏͏ issued͏͏ a͏͏ new͏͏ goods͏͏ and͏͏ services͏͏ tax͏͏ (GST)͏͏ demand͏͏ and͏͏ penalty͏͏ order͏͏ exceeding͏͏ INR͏͏ 17.70͏͏ crore.

That͏͏ same͏͏ month,͏͏ the͏͏ foodtech͏͏ giant͏͏ received͏͏ a͏͏ GST͏͏ notice͏͏ amounting͏͏ to͏͏ INR͏͏ 9.85͏͏ crore͏͏ from͏͏ the͏͏ Assistant͏͏ Commissioner͏͏ of͏͏ Revenue,͏͏ Government͏͏ of͏͏ West͏͏ Bengal.

Continue͏͏ Exploring:͏͏ Zomato’s͏͏ net͏͏ profit͏͏ jumps͏͏ multi-fold͏͏ to͏͏ INR͏͏ 253͏͏ Cr͏͏ in͏͏ Q1,͏͏ marks͏͏ fifth͏͏ consecutive͏͏ profitable͏͏ quarter

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Amazon raises commission rates for content creators ahead of festive sale

By
M Haziq Pandit
-
0
Amazon

E-commerce platform Amazon has announced a rise in its standard commission rates for over 50,000 content creators across more than 20 sub-categories. The͏͏ new͏͏ structure͏͏ will͏͏ provide͏͏ creators͏͏ with͏͏ 1.5x͏͏ to͏͏ 2x͏͏ increased͏͏ earnings͏͏ across͏͏ various͏͏ product͏͏ categories,͏͏ including͏͏ popular͏͏ options͏͏ like͏͏ fashion,͏͏ beauty,͏͏ personal͏͏ care͏͏ appliances,͏͏ home͏͏ goods,͏͏ toys,͏͏ and͏͏ books.

“This͏͏ allows͏͏ creators͏͏ to͏͏ boost͏͏ their͏͏ earnings͏͏ during͏͏ the͏͏ peak͏͏ shopping͏͏ season͏͏ and͏͏ take͏͏ advantage͏͏ of͏͏ the͏͏ heightened͏͏ consumer͏͏ demand͏͏ during͏͏ the͏͏ Amazon͏͏ Great͏͏ Indian͏͏ Festival͏͏ (AGIF),”͏͏ the͏͏ company͏͏ stated.

The͏͏ Amazon͏͏ Great͏͏ Indian͏͏ Festival͏͏ will͏͏ begin͏͏ on͏͏ September͏͏ 27,͏͏ offering͏͏ Prime͏͏ members͏͏ 24-hour͏͏ early͏͏ access.

Continue͏͏ Exploring:͏͏ Flipkart,͏͏ Amazon to͏͏ kick͏͏ off͏͏ major͏͏ festive͏͏ sales͏͏ from͏͏ September͏͏ 26

Target-Linked͏͏ Incentives͏͏ Introduced͏͏ for͏͏ Creators:

In͏͏ addition͏͏ to͏͏ the͏͏ overall͏͏ increase͏͏ in͏͏ standard͏͏ commission͏͏ rates,͏͏ Amazon͏͏ has͏͏ also͏͏ introduced͏͏ target-linked͏͏ incentives͏͏ of͏͏ up͏͏ to͏͏ 10-15%͏͏ of͏͏ the͏͏ revenue͏͏ generated,͏͏ the͏͏ company͏͏ added.

As͏͏ part͏͏ of͏͏ the͏͏ Amazon͏͏ Live͏͏ program,͏͏ hundreds͏͏ of͏͏ creators͏͏ will͏͏ host͏͏ over͏͏ 1,500͏͏ live͏͏ streams͏͏ across͏͏ various͏͏ categories,͏͏ including͏͏ Mobiles,͏͏ Home͏͏ Appliances,͏͏ Home͏͏ Decor,͏͏ Fashion,͏͏ and͏͏ Beauty,͏͏ for͏͏ the͏͏ Amazon͏͏ Great͏͏ Indian͏͏ Festival͏͏ (AGIF),͏͏ the͏͏ company͏͏ stated.

Zahid͏͏ Khan,͏͏ Director͏͏ of͏͏ Shopping͏͏ Initiatives͏͏ for͏͏ India͏͏ and͏͏ Emerging͏͏ Markets͏͏ at͏͏ Amazon,͏͏ stated͏͏ that͏͏ this͏͏ enhanced͏͏ support͏͏ system͏͏ will͏͏ benefit͏͏ creators͏͏ while͏͏ also͏͏ providing͏͏ customers͏͏ with͏͏ a͏͏ more͏͏ engaging͏͏ and͏͏ rewarding͏͏ shopping͏͏ experience.

Continue͏͏ Exploring:͏͏ Amazon India͏͏ unveils͏͏ AI͏͏ chatbot͏͏ Rufus͏͏ ahead͏͏ of͏͏ Great͏͏ Indian͏͏ Festival͏͏ sale

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Kingdom of White expands with new stores in Bhubaneshwar, Indore, and Surat

By
M Haziq Pandit
-
0
Kingdom of White

Kingdom of White, India’s first all-white lifestyle brand, has unveiled the opening of three new stores in Bhubaneshwar, Indore, and Surat. This͏͏ expansion͏͏ marks͏͏ a͏͏ significant͏͏ milestone͏͏ in͏͏ the͏͏ brand’s͏͏ mission͏͏ to͏͏ share͏͏ its͏͏ signature͏͏ white͏͏ clothing,͏͏ emphasizing͏͏ the͏͏ elegance͏͏ and͏͏ simplicity͏͏ of͏͏ white͏͏ fashion͏͏ with͏͏ a͏͏ broader͏͏ audience.

Strategic͏͏ Locations͏͏:

The͏͏ new͏͏ stores͏͏ are͏͏ strategically͏͏ situated͏͏ in͏͏ Utkal͏͏ Galleria͏͏ Mall͏͏ (Bhubaneshwar),͏͏ C21͏͏ Mall͏͏ (Indore),͏͏ and͏͏ Ashirwad͏͏ High͏͏ Street͏͏ (Surat).͏͏ Each͏͏ location͏͏ will͏͏ feature͏͏ Kingdom͏͏ of͏͏ White’s͏͏ acclaimed͏͏ collection͏͏ of͏͏ premium͏͏ white͏͏ apparel,͏͏ including͏͏ shirts,͏͏ bottoms,͏͏ and͏͏ accessories,͏͏ all͏͏ meticulously͏͏ designed͏͏ for͏͏ style͏͏ and͏͏ comfort.

Vineet Haralalka,͏͏ CEO͏͏ of͏͏ Kingdom͏͏ of͏͏ White,͏͏ stated,͏͏ “Expanding͏͏ our͏͏ presence͏͏ to͏͏ Bhubaneshwar,͏͏ Indore,͏͏ and͏͏ Surat͏͏ is͏͏ an͏͏ exciting͏͏ milestone͏͏ for͏͏ us.͏͏ These͏͏ new͏͏ stores͏͏ reflect͏͏ our͏͏ dedication͏͏ to͏͏ sharing͏͏ the͏͏ simplicity͏͏ and͏͏ elegance͏͏ of͏͏ white͏͏ clothing͏͏ with͏͏ a͏͏ wider͏͏ audience.͏͏ We͏͏ are͏͏ excited͏͏ to͏͏ introduce͏͏ our͏͏ unique͏͏ offerings͏͏ and͏͏ provide͏͏ memorable͏͏ shopping͏͏ experiences͏͏ in͏͏ these͏͏ vibrant͏͏ cities.”

Continue͏͏ Exploring:͏͏ Kingdom of White expands͏͏ its͏͏ retail͏͏ reach͏͏ with͏͏ a͏͏ new͏͏ premium͏͏ outlet͏͏ in͏͏ Pune

The͏͏ expansion͏͏ comes͏͏ as͏͏ Kingdom͏͏ of͏͏ White͏͏ continues͏͏ to͏͏ gain͏͏ popularity͏͏ for͏͏ its͏͏ premium,͏͏ sustainable,͏͏ and͏͏ versatile͏͏ styles.͏͏ The͏͏ new͏͏ stores͏͏ are͏͏ set͏͏ to͏͏ provide͏͏ customers͏͏ with͏͏ a͏͏ dynamic͏͏ shopping͏͏ experience,͏͏ showcasing͏͏ a͏͏ diverse͏͏ range͏͏ of͏͏ white͏͏ fashion͏͏ pieces͏͏ suitable͏͏ for͏͏ various͏͏ occasions,͏͏ from͏͏ casual͏͏ wear͏͏ to͏͏ elegant͏͏ ensembles.

The͏͏ brand’s͏͏ success͏͏ is͏͏ evident͏͏ in͏͏ its͏͏ expanding͏͏ online͏͏ presence͏͏ on͏͏ major͏͏ platforms͏͏ such͏͏ as͏͏ Ajio,͏͏ Myntra,͏͏ Flipkart,͏͏ and͏͏ Amazon.͏͏ Customers͏͏ across͏͏ India͏͏ can͏͏ now͏͏ explore͏͏ Kingdom͏͏ of͏͏ White’s͏͏ collections͏͏ both͏͏ in-store͏͏ and͏͏ online,͏͏ enhancing͏͏ accessibility͏͏ to͏͏ high-quality͏͏ white͏͏ fashion.

Kingdom͏͏ of͏͏ White͏͏ is͏͏ India’s͏͏ first͏͏ all-white͏͏ lifestyle͏͏ brand,͏͏ celebrated͏͏ for͏͏ its͏͏ timeless͏͏ and͏͏ elegant͏͏ styles͏͏ made͏͏ from͏͏ premium͏͏ fabrics.͏͏ The͏͏ brand͏͏ aims͏͏ to͏͏ make͏͏ white͏͏ a͏͏ wardrobe͏͏ essential,͏͏ providing͏͏ versatile,͏͏ high-quality͏͏ apparel͏͏ that͏͏ effortlessly͏͏ combines͏͏ simplicity͏͏ and͏͏ sophistication͏͏ for͏͏ any͏͏ occasion.

Continue͏͏ Exploring:͏͏ India’s͏͏ apparel͏͏ retail͏͏ industry͏͏ to͏͏ continue͏͏ growing͏͏ with͏͏ rising͏͏ incomes͏͏ and͏͏ demand͏͏ for͏͏ affordable͏͏ fashion:͏͏ Centrum

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DeVANS boosts production capacity in Assam through strategic brewery partnership

By
M Haziq Pandit
-
0
DeVANS

DeVANS Modern Breweries, a leading player in India’s alcobev market, has expanded its retail operations nationwide through a new partnership with a prominent brewery in Assam. This͏͏ initiative͏͏ is͏͏ part͏͏ of͏͏ the͏͏ company’s͏͏ efforts͏͏ to͏͏ meet͏͏ rising͏͏ consumer͏͏ demand͏͏ and͏͏ builds͏͏ on͏͏ successful͏͏ collaborations͏͏ in͏͏ Arunachal͏͏ Pradesh,͏͏ Tamil͏͏ Nadu,͏͏ Jharkhand,͏͏ and͏͏ Uttar͏͏ Pradesh.͏͏ With͏͏ this͏͏ latest͏͏ agreement,͏͏ DeVANS͏͏ has͏͏ boosted͏͏ its͏͏ production͏͏ capacity͏͏ to͏͏ 190,600͏͏ KL,͏͏ allowing͏͏ for͏͏ the͏͏ annual͏͏ production͏͏ of͏͏ over͏͏ 1͏͏ million͏͏ additional͏͏ cases.

Prem Dewan,͏͏ CMD͏͏ of͏͏ DeVANS,͏͏ stated,͏͏ “Assam͏͏ is͏͏ a͏͏ vibrant͏͏ market͏͏ with͏͏ significant͏͏ growth͏͏ potential͏͏ in͏͏ the͏͏ brewing͏͏ industry.͏͏ Our͏͏ partnership͏͏ here͏͏ allows͏͏ us͏͏ to͏͏ effectively͏͏ serve͏͏ the͏͏ local͏͏ market͏͏ while͏͏ demonstrating͏͏ our͏͏ commitment͏͏ to͏͏ delivering͏͏ exceptional͏͏ quality͏͏ and͏͏ taste͏͏ to͏͏ consumers.”͏͏ He͏͏ further͏͏ emphasized͏͏ that͏͏ the͏͏ company’s͏͏ entry͏͏ into͏͏ Assam͏͏ marks͏͏ a͏͏ crucial͏͏ step͏͏ in͏͏ its͏͏ mission͏͏ to͏͏ offer͏͏ premium͏͏ beverages͏͏ throughout͏͏ India.

Continue͏͏ Exploring:͏͏ DeVANS Modern Breweries boosts͏͏ production͏͏ with͏͏ new͏͏ partnership͏͏ in͏͏ Uttar͏͏ Pradesh

Product͏͏ Range͏͏ Expansion:

DeVANS,͏͏ renowned͏͏ for͏͏ its͏͏ popular͏͏ beer͏͏ brands͏͏ such͏͏ as͏͏ Godfather͏͏ and͏͏ Six͏͏ Fields,͏͏ is͏͏ set͏͏ to͏͏ broaden͏͏ its͏͏ product͏͏ range͏͏ with͏͏ the͏͏ launch͏͏ of͏͏ a͏͏ craft͏͏ gin͏͏ and͏͏ new͏͏ variations͏͏ of͏͏ its͏͏ single͏͏ malt͏͏ GianChand͏͏ whisky.͏͏ The͏͏ company͏͏ has͏͏ recently͏͏ ventured͏͏ into͏͏ the͏͏ premium͏͏ lager͏͏ segment,͏͏ introducing͏͏ two͏͏ unique͏͏ beers:͏͏ Six͏͏ Fields͏͏ Brute,͏͏ featuring͏͏ an͏͏ ABV͏͏ of͏͏ up͏͏ to͏͏ 8͏͏ percent,͏͏ and͏͏ Six͏͏ Fields͏͏ Pilsner,͏͏ with͏͏ an͏͏ ABV͏͏ of͏͏ up͏͏ to͏͏ 5͏͏ percent.

This͏͏ strategic͏͏ initiative͏͏ in͏͏ Assam͏͏ further͏͏ solidifies͏͏ DeVANS’͏͏ dedication͏͏ to͏͏ growth͏͏ and͏͏ innovation͏͏ in͏͏ the͏͏ Indian͏͏ retail͏͏ and͏͏ brewing͏͏ sectors.

Continue͏͏ Exploring:͏͏ DeVANS expands͏͏ Six͏͏ Fields͏͏ beer͏͏ lineup͏͏ with͏͏ new͏͏ premium͏͏ lagers

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