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Rural markets outpace urban consumption in FMCG growth for the first time in five quarters: NielsenIQ Report
In the January-March ’24 quarter, rural markets surpassed urban consumption in the growth of packaged consumer goods for the first time in five quarters,...
Bengaluru-based jewellery marketplace Eternz secures $1.15M pre-seed funding led by Kae Capital
Bengaluru-based jewellery marketplace Eternz has raised $1.15 million (around INR 9.6 crore) in a pre-seed funding round led by Kae Capital.Gemba Capital, IIMA Ventures,...
D2C luggage brand ICON secures $1.2M seed funding led by DSG Consumer Partners
ICON, a D2C luggage and travel accessories startup, has secured $1.2 million (around INR 10 crore) in seed funding. Led by DSG Consumer Partners,...
Athleticwear brand New Balance opens first Mumbai store with Cricket star Pat Cummins
New Balance (NB), the renowned global athleticwear brand, inaugurated its first store in Mumbai, India, marking a significant step in its strategic expansion plans...
Hershey India marks entry into value-molded chocolate sub-segment with Choco Delights launch
Hershey India Pvt Ltd, a prominent global snacking and confectionery company, has unveiled Choco Delights—a delectable milk chocolate bar with a delightful crunch. This...
THSC successfully concludes track 2 of IndiaSkills 2024 Hospitality Competitions
The Tourism & Hospitality Skill Council (THSC) is delighted to announce the successful completion of Track 2 in the IndiaSkills 2024 Hospitality Competitions, held...
Marico sets sights on doubling foods portfolio by FY27
Marico Limited aims to double the size of its foods portfolio by FY27. Additionally, it anticipates that the domestic revenue share from both its...
FMCG firms eye volume growth rebound in FY25 with hopes pinned on lower inflation, favorable monsoon
After experiencing sluggish volume growth over the past two years, FMCG companies are now squarely focused on achieving volume growth recovery for FY25. They're...
Wildcraft eyes growth with INR 80 Crore investment in new warehouse facility
Wildcraft, an indigenous brand specializing in adventure and outdoor products, has allocated INR 80 crore to establish a warehouse in Sira, Karnataka, spanning over...
BAT to stay off ITC Hotels’ board amid demerger plans
ITC's soon-to-be-demerged hotel business will not include any board representation from its largest shareholder, BAT, as indicated in the company's demerger document sent to...
FMCG giant Godrej Consumer Products reports INR 1,893 Crore net loss in Q4
Godrej Consumer Products (GCPL) recorded a consolidated net loss of INR 1,893 crore for the quarter ended March 31, 2024, compared to a net...
Clothing brand Being Human marks milestone with 100th store opening in Jaipur
The renowned clothing brand, Being Human, has just unveiled its 100th store in the lively Pink City of Jaipur, Rajasthan. This milestone in the...
