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Parag Milk Foods continues growth trajectory with Q3 net profit nearly quadrupling to INR 34.16 Crore

Parag Milk Foods Limited (PMFL), an Indian manufacturer and marketer of dairy-based branded products, has reported a significant increase of 268.8 percent year-on-year (YoY)...

Tata Consumer Products’ Q3 net profit slides 17% to INR 301.5 Crore, revenue up 9%

Tata Consumer Products Ltd recorded a consolidated net profit of INR 301.5 crore in the quarter ending December 2023, marking a 17 percent decrease...

Meesho unveils Valmo platform to boost efficiency in e-commerce deliveries

On Wednesday, Meesho, the ecommerce unicorn, launched its tech platform Valmo, aimed at facilitating affordable deliveries and bridging supply chain gaps nationwide. Valmo empowers...

Orios Venture Partners nets 45X ROI with Country Delight partial exit

Orios Venture Partners, an early-stage venture capital firm, has made a partial exit from Country Delight, a dairytech startup it backed seven years ago,...

In a first, fair price shops join ONDC platform for digital transformation

In a move towards advancing Digital India, Sanjeev Chopra, Secretary of the Department of Food and Public Distribution, launched a pilot program to onboard...

E-commerce roll-up firm GlobalBees secures $18 Mn in debt funding from Avendus

GlobalBees, an e-commerce roll-up company, has secured INR 150 crore ($18 million) in debt funding from Avendus. This marks the third debt round for...

Radico Khaitan reports 22.75% rise in Q3 net profit, revenue surges by 34.1%

Radico Khaitan Ltd, a liquor manufacturer, reported a consolidated net profit of INR 75.15 crore for the third quarter ending December 2023, marking a...

Nykaa’s Q3 results ignite bullish sentiment, shares jump 6%

Nykaa, a prominent beauty and fashion ecommerce platform, witnessed a 6% surge in its shares during Wednesday's trading session following the announcement of its...