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Latest news

Dorje Teas raises INR 1.8 Cr in seed funding led by Coast Fund VC, others

Food & Beverage
Dorje Teas, a Darjeeling-based direct-to-consumer (D2C) startup, has secured INR 1.8 crore in its Seed funding round. The round was led by Coast Fund...

DMart’s Q2 net profit hits INR 659.58 Cr, up 5.77% YoY

Business
Avenue Supermarts Ltd, the operator of DMart, recorded a consolidated net profit of INR 659.58 crore for the July to September quarter, marking a...

Swiggy’s co-founder Sriharsha Majety, investors cash out INR 670 Cr ahead of IPO

Food & Beverage
Just days before foodtech giant Swiggy submitted its updated draft red herring prospectus (DRHP) to SEBI, founder Sriharsha Majety and some investors offloaded shares...

AICPDF calls for investigation into delivery practices of quick commerce and e-commerce firms

E-Commerce
The All India Consumer Products Distributors Federation (AICPDF), representing distributors of fast-moving consumer goods (FMCG), has expressed concerns regarding the delivery practices of quick...

Kellanova India looks to double its household footprint in coming years

Food & Beverage
Packaged food giant Kellanova India, formerly Kelloggs India, aims to double its household penetration from the current 40-50 million households in the coming years....

Rebel Foods expands Wendy’s footprint with new restaurant in Bengaluru

Food & Beverage
Rebel Foods, the world’s largest internet restaurant brand and master franchise holder for Wendy's in India, has opened its 160th Wendy’s restaurant in BTM...

Amazon Business reports 134% YoY growth in corporate gifting store during Great Indian Festival

E-Commerce
Amazon's B2B marketplace Amazon Business reported a 134% year-on-year growth in its corporate gifting store during the first ten days of the Amazon Great...

D2C grooming brand Menhood’s compliance officer Ankita Soni resigns

Leadership
D2C men’s grooming startup Menhood's company secretary and compliance officer, Ankita Soni, has resigned. In͏͏ a͏͏ filing͏͏ with͏͏ NSE͏͏ Emerge,͏͏ the͏͏ D2C͏͏ startup͏͏ announced͏͏ that͏͏...

Zomato’s independent director Gunjan Soni resigns from board

Leadership
Foodtech giant Zomato's independent director Gunjan Soni has stepped down from the company's board due to "increased work commitments." In͏͏ a͏͏ BSE͏͏ filing,͏͏ the͏͏ company͏͏...

Fabindia partners with ITC Sunfeast Baked Creations to launch dine-in cafes across India

Food & Beverage
Fabindia, a leading Indian lifestyle brand, has teamed up with ITC Sunfeast Baked Creations to launch dine-in cafes at select stores across India. Founded͏͏...

Nykaa expands footprint with two new Luxe stores in Delhi-NCR

Fashion
Beauty and fashion retailer Nykaa has launched two new Luxe stores in the Delhi-NCR region. The͏͏ new͏͏ outlets͏͏ are͏͏ situated͏͏ at͏͏ DLF͏͏ CyberHub͏͏ in͏͏ Gurgaon͏͏...

OYO restructures leadership in key verticals to accelerate global growth

Hospitality
OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution. First off, Sonal Sinha...
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