Friday, November 8, 2024

D2C

KL Rahul-backed fitness brand Boldfit secures INR 110 Cr from Bessemer Partners

D2C
D2C fitness and nutrition brand Boldfit secured INR 110 crore (about $13 million) from venture capital firm Bessemer Venture Partners. Boldfit continues to grow for...

Colgate registers 10.5% revenue growth YoY, net sales surges to INR 1,609.2 Cr

FMCG
Colgate-Palmolive (India) Limited reported strong financial results for the quarter ending September 30, 2024. Their topline growth increased by 10% year-on-year, with domestic revenues...

Raymond Lifestyle sees 69.72% drop in Q2 FY25 net profit due to inflation

Fashion
Raymond Lifestyle registered a 69.72% drop in consolidated net profit to INR 42.18 crore for the second quarter ending September 2024, due to weak...

Brigade Hotel ltd seeks to raise INR 900 Cr via IPO, files DRHP to SEBI

Hotels & Restaurants
Brigade Hotel Ventures Limited, a major private hotel asset owner in South India, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities...

TreeHouse Hotels introduces hi-way MOTELS, eyes growth

Hotels & Restaurants
TreeHouse Hotels & Resorts, part of Karma Hospitality LLP, has introduced hi-way MOTELS. This new addition expands their brand portfolio, which already includes The...

Godrej refuses to cut palm oil content despite Unilever’s move

FMCG
Godrej Consumer Products announced it will not lower soap quality by reducing palm oil, responding to Hindustan Unilever's (HUL) move to cut palm oil...

D2C brand Bummer introduces vending machines for innerwear

D2C
In a move to make shopping easier for its customers, Indian D2C innerwear brand Bummer has launched India's first vending machines for innerwear. This...

Reliance Retail partners with Californian brand YTTP to introduce vegan skincare items

Retail & Ecommerce
Reliance Retail’s Tira has announced the exclusive launch of California-based skincare brand Youth To The People (YTTP) in India. As the sole distributor, Reliance...

Swiggy Instamart’s Karthik Gurumurthy debuts cricket activewear brand Ten X You

Fashion
Karthik Gurumurthy, the former architect of Swiggy Instamart, has unveiled his new venture, Ten X You, an activewear brand he founded in July. He...

Everstone Capital pauses plan to divest 13.17% stake in Restaurant Brands Asia

Hotels & Restaurants
Everstone Capital has paused its plans to sell its 13.17% stake in Restaurant Brands Asia (formerly Burger King India). This decision came after talks...

Swiggy’s IPO receives 11% subscription on opening day, sluggish start

Growth
Swiggy's initial public offering (IPO) had a slow start on November 6, the first day of bidding, with only 11% of the shares...

Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares

Growth
Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...
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