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Virat Kohli’s one8 commune opens its largest venue in Bengaluru

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One8 commune

Capturing the vibrant essence of Bengaluru, the renowned venture of Virat Kohli, one8 commune, unveils its presence in the city’s central hub on Kasturba Road.

This lively casual dining and bar destination transcends mere physical space; it stands as a dynamic tribute to Bengaluru’s diverse and vibrant community. Branded as ‘one8 commune,’ this establishment invites you to immerse yourself in a genuine sense of belonging, mirroring the city’s lively cultural mosaic.

“With the launch of one8 commune in Bangalore, True Palate Hospitality makes its first foray into the vibrant south market. Our goal with one8 commune is to create a space for everyone to unite over good food, drinks and music,” shared Sumit Wahal, Chief Operation Officer, True Palate Hospitality.

Unveiled as the eighth and largest venture to date, the sprawling expanse of one8 commune in Bangalore covers an impressive 18,000 sq. ft., solidifying its status as a landmark culinary destination. Going beyond providing delightful lunch and vibrant dinner experiences, one8 commune Bangalore is poised to curate unique moments with its Sunday Sundowners—a captivating fusion of delectable cuisine, expertly crafted beverages, and soulful music perfectly harmonized with the atmospheric surroundings.

Occupying the uppermost three floors, which encompass a picturesque rooftop offering panoramic views of Cubbon Park and Chinnaswamy Stadium, this venue caters to both thrill-seekers and those in pursuit of everyday indulgence. As a multifaceted space, it pledges to be a sanctuary for diverse tastes, ensuring the creation of memorable experiences for every customer.

Patrons are beckoned to embark on an extraordinary culinary odyssey, meticulously curated by the visionary Corporate Chef Agnibh Mudi. Complemented by an exclusive selection of expertly crafted cocktails, this experience signifies a revolutionary milestone in the dynamic landscape of the city’s gastronomy and libation culture.

“Each dish is a reflection of my passion and expertise, bringing together the best from across the one8 brand. I’ve poured my heart into creating a menu that not only caters to Bangalore’s diverse palate but also introduces some exclusive delights,” he added.

Blending tradition with modernity, the interior spaces of one8 commune Bangalore, thoughtfully curated by Chetana Vij of I Me Am Designs, encapsulate the spirit of transitional style. Achieving a harmonious equilibrium between timeless charm and contemporary elegance, the design seamlessly weaves together traditional elements and modern flair.

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Reliance Retail leverages B2B potential to expand apparel reach

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apparel
(Representative Image)

Following its ascent to the position of the nation’s leading apparel retailer, Reliance Retail is expanding the reach of clothing and fashion products to external retail outlets. This involves establishing an exclusive lineup of branded products tailored for this business-to-business initiative.

The company has introduced over 50 exclusive brands, and this figure is set to triple in the near future as part of its recent strategy to broaden its presence in the fashion business. According to two well-informed senior industry executives, this expansion beyond its own stores is driven by the significant growth opportunities it presents.

Among the brands introduced thus far are Silkfeet and Jivers in the footwear category, Xlerate specializing in footwear and athleisure, Feet Up focusing on women’s footwear, Dhuni by Avaasa featuring Indian wear, Riva specializing in womenswear, John Player Select offering menswear, Kidlyboo catering to kidswear, and Altair specializing in t-shirts.

Reliance Retail plans to distribute these brands across all markets, including rural areas, through third-party stores within its apparel distribution network. Currently, the company is conducting a pilot program under the Ajio Business banner, and according to one of the executives, this initiative will be expanded on a larger scale by the upcoming spring-summer season.

“Reliance will launch its own apparel and fashion brands across categories such as western wear, Indian wear, inner wear, lingerie, costume jewellery, footwear, fashion accessories in the value and mid-premium range to be sold through lakhs of third-party retailers. Organising the unorganised will be the next thrust area,” the executive said.

According to another executive, the business-to-business (B2B) segment in apparel is expected to surpass Reliance Retail’s own apparel retail stores as a major revenue contributor within the next five years. He highlighted that 80% of the apparel retail market in India is unorganized, presenting a substantial opportunity for growth beyond reliance on proprietary stores.

“The textile industry is a large employment generator and Reliance would want to nurture it by ensuring small apparel retailers can offer an assortment. Reliance will create a backend for them so that they can also do sales by showing catalogues,” he said.

As of the press time, an email sent to Reliance Retail seeking comments has not received a response.

Reliance is extending its distribution to encompass additional well-known apparel and fashion brands through Ajio Business. This lineup includes Campus, Khadim’s, Liberty, Biba, Globaldesi, Lotto, and Adidas.

As the largest apparel retailer in the country, Reliance Retail operates more than 4,000 stores across various brands. The Trends brand, boasting over 2,600 stores, stands as the largest fashion retail chain under its umbrella. Additionally, Reliance Retail has introduced new formats, including Azorte, focusing on high street fashion, Yousta catering to youth-centric fashion, and Centro departmental stores.

“The company will expand the newer formats by 50% annually for next few years, while Trends stores will be expanded by 10-15%. While the overall apparel market is growing at 11%, organised retail is growing at 18-20%,” the second executive said.

Reliance, holding the position as the nation’s foremost retailer, is also the frontrunner in consumer electronics, mobile phone retailing, and grocery sectors.

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La Pink breaks new ground in hair care with microplastic-free products

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La Pink

La Pink, a distinguished skincare brand known for spearheading India’s first 100 percent Microplastic Free Formulations, has now made a significant venture into the realm of hair care. Introducing the La Pink Methi Dana 8-in-1 Hair Oil, Shampoo, and Conditioner, along with the La Pink Olive and Argan Shampoo and Conditioner, the brand continues its commitment to quality and innovation.

After thorough research and development, La Pink’s revolutionary hair care collection was meticulously formulated by French experts using premium natural ingredients sourced globally. The Methi Dana hair care products showcase the powerful White Haldi alongside seven other impactful components—Methi Dana (fenugreek seeds), Onion, Bhringraj, Kadi Patta, Hibiscus, Coconut, and Sunflower—all scientifically tested to deliver targeted volume enhancement.

The Methi Dana series assists in managing hair fall, fortifying hair strands, and fostering growth by harnessing the advantages of fenugreek seeds. The addition of Bhringraj, Kadi Patta, and Onion further enhances overall hair health, while White Haldi provides scalp soothing properties, prevents hair fall, and reduces dandruff.

The Olive and Argan hair care series from La Pink, featuring formulations entirely free of microplastics, comprises Shampoo and Conditioner crafted to soften and tame thick, frizzy hair. Infused with a blend of White Haldi, Olive, Argan, and Avocado, the collection promotes a healthier scalp. Leveraging the moisturizing benefits of Olive oil, it effectively addresses dryness and frizz, while the conditioning properties of Argan oil work to control frizz, resulting in a smoother hair texture.

Nitin Jain, Founder of La Pink, emphasized, “La Pink has always been focused on what’s crucial. We have brought about a change in the outlook of people that besides paraben and sulfates, one must also look for microplastic-free products. And we are no different in our caution with haircare.”

La Pink’s foray into the realm of hair care reflects its dedication to providing clean, forward-thinking, and environmentally conscious products. Prioritizing a microplastic-free approach and harnessing the power of ingredients like White Haldi, La Pink not only revolutionizes hair transformation but also redefines the essence of hair care. The introduction of La Pink Methi Dana 8-in-1 Hair Oil, Shampoo, and Conditioner, alongside the La Pink Olive and Argan Shampoo and Conditioner, underscores the brand’s unwavering commitment to innovation in the beauty industry.

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MiniKlub broadens reach in Trivandrum, brings trendy kidswear to Lulu Mall

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MiniKlub

MiniKlub, a leading kidswear brand in India, proudly announces the opening of its second store in Trivandrum. This marks a significant step in solidifying the brand’s commitment to providing stylish and high-quality children’s clothing. The strategic addition to the MiniKlub family is in line with the brand’s expansion strategy and aims to introduce the latest trends in kid-friendly fashion to families in Trivandrum and its surrounding areas.

Nestled within Lulu Mall, Thiruvananthapuram, the recently opened MiniKlub store offers a lively and immersive shopping setting for parents. Here, they can discover a diverse selection of trendy and comfortable clothing options tailored for children of all ages. MiniKlub is dedicated to ensuring each shopping experience is enjoyable and stress-free for parents, presenting everything from adorable newborn essentials to stylish ensembles for 8-year-olds.

Anjana Pasi, Director of MiniKlub, expressed, “We are thrilled to open our second store in Trivandrum, a city that appreciates quality and style in children’s fashion. MiniKlub is not just a brand; it’s a celebration of childhood, and we are excited to bring our unique and fashionable collections to more families in Trivandrum.”

Established in 2013, MiniKlub, a part of First Steps Babywear, has experienced rapid growth as an omni-channel brand. It boasts a widespread presence across more than 450 multi-brand outlets, leading e-retailers, and exclusive brand stores, both in physical and online spaces. With a robust footprint in 28 cities through 65 exclusive brand stores, MiniKlub takes pride in crafting products with meticulous attention to the comfort and safety of babies. The brand adheres to a sustainable manufacturing process while ensuring the highest quality in its offerings. Operating in over 450 multi-brand outlets and featuring prominently on e-commerce platforms such as Amazon, Myntra, Flipkart, and Ajio, MiniKlub also facilitates nationwide delivery through its e-commerce platform.

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Zimero to tantalize tastebuds in Bangalore and Hyderabad with unique ice cream flavors

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Zimero

Zimero, an ice cream company known for its distinctive flavors and commitment to using natural ingredients, has unveiled its expansion plans for 2024. The brand is set to establish new retail stores in Bangalore by the upcoming summer, while also gearing up to expand its online delivery services to Hyderabad by January.

The brand has rapidly gained prominence as the preferred choice for ice cream enthusiasts. Captivating taste buds with bold flavors such as Goat Cheese and Blueberry, aromatic Lavender and Honey, and an inventive range of 100 percent Jaggery and No Sugar options, Zimero has also made waves with its irresistible South Indian Filter Coffee flavor.

Shuchi Jain, Founder of Zimero said, “At Zimero, we are passionate about redefining the ice cream experience. Good ice cream, in our opinion, is a celebration of flavors and memories rather than just a sweet treat. We are really excited to unveil our creations to Hyderabad and Bangalore. We know that our dedication to using only natural ingredients will appeal to the discriminating palates of these globally connected cities.”

Zimero’s unwavering dedication to excellence is evident in the meticulous crafting of every flavor, using minimal preservatives and natural ingredients, garnering praise and customer loyalty. The brand has set its sights on becoming a household name in India’s major metropolitan cities by 2024.

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B2B fruit marketplace Vegrow raises $46M in Series C funding for nationwide expansion

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Vegrow

Vegrow, a B2B fruits marketplace, has successfully raised $46 million in a primary and secondary funding round. The funding was led by GIC, and notable participation came from existing investor Prosus Ventures, along with Matrix Partners India, Elevation Capital, and Lightspeed.

According to a press release from the company, the newly acquired funds will be deployed to expand Vegrow’s presence throughout India and fortify its global network.

Earlier, the startup successfully secured $25 million in a Series B funding round led by Prosus in July 2022.

Vegrow collaborates with farmers to consolidate the supply and engage in organized partnerships for selling. The primary source of gross revenue for the Bengaluru-based company has been the sale of produce.

Established by Praneeth Kumar, Shobhit Jain, Mrudhukar Batchu, and Kiran Naik, Vegrow links farmers spanning over 400 production pockets, assisting them in aligning with market expectations and achieving higher yields. The company processes over 200 tons of fruits daily and operates in the states of Karnataka and Telangana, as per its statements.

For GIC, Vegrow marks its first agri-tech and B2B investment in India. “Vegrow is the fastest agri-tech company to build a national presence, having done this within three years of its inception. Typically, it takes double the time to achieve this scale of operations,” said Vegrow Co-founder, Praneeth Kumar.

“At Vegrow, we distinguish ourselves from conventional operations, by creating an organizational ethos centered on agility and experimentation. Through the extensive utilization of data and technology, we provide valuable insights and optimize supply chain challenges, such as reducing perishable inventory wastage to only one-fourth of industry average, and consistently achieving industry-leading profit margins,” added Vegrow Co-founder, Mrudhukar Batchu.

According to the company, it enhances farmers’ income by precisely grading produce and aligning it with the most suitable demand channel. This establishes a virtuous cycle, drawing in more farmers with competitive pricing and attracting additional buyers who value consistency in both price and quality.

It competes with Dailyninja, Waycool, and Zomato’s HyperPure.

According to TheKredible’s estimates, Vegrow attained a valuation of approximately $170 million following the Series B round. The current valuation of the company remains undisclosed.

Over the past year, Vegrow has achieved a remarkable five-fold increase in revenue and operational profitability.

Although the company has not yet reported its FY23 earnings, its Gross Merchandise Value (GMV) skyrocketed to INR 100.83 crore in FY22, marking an 8.54X increase. However, losses also increased significantly, rising 6X to INR 29.7 crore in FY22 from INR 4.79 crore in FY21.

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Wendy’s innovative AI-driven drive-thru platform to hit more outlets across the US

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Wendy's

Wendy’s, the American restaurant chain, is set to expand the implementation of its AI-driven drive-thru platform to additional restaurant locations throughout the United States.

The pilot platform, named Wendy’s FreshAI, has been crafted to tackle issues that a typical AI might encounter in a drive-thru scenario. This includes deciphering casual conversations with customers and managing the restaurant chain’s menu, which boasts extensive customization options and numerous configurations.

In May 2023, Wendy’s collaborated with Google Cloud to launch an AI-driven platform for customer orders. This platform underwent testing for several months at Wendy’s Columbus, Ohio location, yielding valuable insights and lessons during the process.

The accuracy, measured by the percentage of orders successfully processed by Wendy’s FreshAI without the need for intervention from restaurant staff, averaged at 86% during the pilot phase.

The effectiveness of AI drive-thru service is gauged by the volume of orders processed without human intervention and the ability to provide a consistent experience for customers.

The AI system reduces the average service time for each transaction by 22 seconds.

FreshAI is anticipated to function as a supportive assistant, aiding rather than replacing the employees stationed at the drive-thru.

FreshAI has been implemented in four Wendy’s establishments in Columbus, Ohio, with additional deployments scheduled by the end of 2023 and early in 2024.

The company intends to adopt a multi-channel strategy by incorporating the AI system into its app, in-restaurant kiosks, mobile devices, and smart home devices.

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UAE’s first on-site brewery by Side Hustle Brews set to open in Abu Dhabi

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Side Hustle Brews

A beer brewery is set to open in Abu Dhabi, United Arab Emirates, this month, establishing itself as the first company authorized to legally produce alcohol in the region.

Scheduled for its grand debut this month, Craft, the microbrewery and gastropub by Side Hustle Brews, is set to open its doors in The Galleria Al Maryah Island in Abu Dhabi. Although the brand had been selling beers in the UAE and on Etihad Airlines flights, its brewing operations were previously conducted in the US.

In 2021, Abu Dhabi updated its alcohol licensing regulations, allowing license holders the privilege of producing beverages on-site for consumption within authorized venues.

The brewery is set to offer on-site crafted hops, grains, and cocktails courtesy of Side Hustle, the UAE’s pioneering craft alcohol brand, complemented by a menu featuring southern smokehouse and pub cuisine.

Side Hustle Brews & Spirits’ founder and CEO, Chad McGehee, said, “As founders of the local craft movement, we acknowledge the responsibility presented to us and are both humbled and thrilled to open Abu Dhabi’s first craft microbrewery”.

“We commit to delivering innovative and authentic F&B experiences worthy of the UAW’s high standards as we build Craft by Side Hustle into a brand the community can be proud to call their own.”

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Mango Man expands its footprint in India with new store at Inorbit Mall, Vadodara

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Mango Man

European fashion brand Mango Man has announced the opening of a new store at Inorbit Mall in Vadodara, Gujarat, as per a social media post by a mall official.

“Let your stylish side shine with Mango, Drive in the trendy and exquisite clothing collection by Mango at your favourite destination. Congratulations team Mango and Welcome to the Inorbit Vadodara family,” said Jerry Rajesh, Center Head – Inorbit Mall in a LinkedIn post.

Mango has a worldwide presence with more than 2,560 stores and a workforce of over 14,000 employees. The online channel contributes to 36% of the brand’s sales. Furthermore, Mango operates more than 1,000 factories globally, with store distribution spanning across different regions: 317 in America, 1,839 in Europe, 414 in Asia, and 45 in Africa.

The brand is actively working towards incorporating 100% sustainable cotton, recycled polyester by 2025, and achieving the use of 100% cellulose fibers from controlled sources by 2030.

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ITC sets sights on major hotel expansion with 50% room inventory boost by 2027

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ITC
ITC

Conglomerate ITC is eyeing a significant 50% jump in room inventory over the next five years.

During its institutional investors and financial analysts day on Tuesday, the company announced its goal to achieve 200 hotels with 18,000 keys over the next five years, with two-thirds of them in the managed portfolio.

Currently, ITC boasts 12,000 rooms spread across 131 hotels in 80 destinations. Having transitioned to an ‘asset right approach’ some years ago, the company now holds over 50% of its room inventory in the managed portfolio.

During the presentation to analysts, Anil Chadha, the divisional chief executive of ITC’s hotels business, highlighted a robust pipeline of managed hotels, totaling 35 hotels with more than 3,200 keys. Over the next five years, premium hotel keys are expected to comprise 45% of the total managed portfolio, an increase from the current 30%.

The company is also considering specific greenfield/brownfield projects, with exploration currently underway for 300 rooms in this category. Additionally, by early 2024, the owned capacity is set to expand with the inclusion of Welcomhotel Chennai (undergoing renovations, adding 90 keys) and ITC Ratnadipa, Colombo (352 keys).

Over the last 24 months (from January 2022 to December 2023), ITC has inaugurated 22 hotels.

It’s worth noting that in August, ITC approved the demerger of the hotels business. This decision was driven by the maturity, scalability, and the business’s readiness to chart its independent growth path.

The expansion is fueled by the current resurgence in the hospitality sector following the post-pandemic recovery. ITC’s hotel segment achieved a record-breaking performance in the second quarter, with revenues increasing by 20.5% year-on-year (YoY) to INR 675 crore, and pre-tax profits surging by 53% to INR 132.95 crore.

However, within various business verticals, the conglomerate aimed to enhance both scale and profitability as an integral component of the ITC Next strategy.

Chairman and Managing Director, Sanjiv Puri, reportedly emphasized that ITC Next involves establishing structural drivers of competitiveness through substantial investments in innovation. The goal is to develop a future-ready portfolio built on science-led platforms that cater to the evolving needs of consumers.

Export initiatives and strategically valuable acquisitions were also fundamental components of the ITC Next strategy.

The pursuit of new avenues for growth included the exploration of higher-value-added products and services, as well as opportunities at the intersection of digital and sustainability.

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