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Wednesday, October 16, 2024
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Latest news

Wealthtech startup Jar taps into e-commerce with its D2C jewellery brand Nek

Business
In a move to diversify its product mix, Tiger Global-backed wealthtech startup Jar is reportedly entering the e-commerce space with its D2C jewellery brand,...

The Good Glamm Group completes full buyout of femtech brand Sirona for INR 450 Cr

Health & Wellness
Following its acquisition of a majority stake in D2C feminine hygiene startup Sirona two years ago, The Good Glamm Group has now completed the...

Millenium Babycares raises INR 122 Cr from Bharat Value Fund to expand Bumtum brand

Kids
Millenium Babycares, the parent company of D2C brand Bumtum, has raised INR 122 crore ($14.5 million) in a private placement round from Pantomath Capital-managed...

Senco Gold in talks to acquire struggling online jewellery brand Melorra for INR 40-50 Cr

Fashion
Senco Gold, a listed jewellery retailer, is reportedly in talks to acquire the struggling online jewellery brand Melorra for INR 40 crore to INR...

The Baker’s Dozen collaborates with actress Soha Ali Khan ahead of festive season, eyes 30-40 cr sales

Food & Beverage
The Baker’s Dozen (TBD), an artisan bakery brand, has partnered with Bollywood actress Soha Ali Khan for its consumer awareness campaign, ‘The Truth We...

Kisanserv partners with Milky Mist to expand into dairy segment

Food & Beverage
Kisanserv, a retailer of fresh fruits and vegetables, is expanding by partnering with Milky Mist, an Indian dairy brand. This partnership will add over...

UPI Transactions Soar 52% to 78.97 Billion in H1 2024, value hits INR 116.63 lac cr – Report

Finance & Operations
India's digital payment system saw remarkable growth in the first half of 2024. Transactions using Unified Payments Interface (UPI) surged 52% to 78.97 billion,...

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Luxury
Kalyan Jewellers reported healthy financial performance in the second quarter of 2024-25. Revenues from Indian operations rose by 39% compared with the same period...

Radisson group opens newly Svelte Delhi, a 108-Room Hotel

Hospitality
On Tuesday, October 8, Radisson Hotel Group announced the opening of Svelte Delhi, a Radisson Individuals member, making it the first of this brand...

Chef Harpal Singh Sokhi’s Karigari launches first cloud kitchen in Noida

Food & Beverage
Karigari by Chef Harpal Singh Sokhi, the culinary venture of celebrity chef Harpal Singh Sokhi, has launched its first cloud kitchen in Noida Sector...

Nationwide hotel occupancy reaches decade-high of 67.5% in 2023-24: Hotelivate Report

Hospitality
India's branded and organised hotel sector achieved a decade-high occupancy rate of 67.5% in 2023-2024, with an all-time record average daily rate of INR...

GCPL, Dabur, Marico: FMCG Majors face margin pressure as palm oil, advertising and input costs rise

FMCG
Major FMCG companies predict that rising palm oil prices, higher input costs, and increased advertising and promotion expenses will affect their margins and profits...
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