D2C
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Reliance Consumer to take over D2C snacking startup TagZ foods for INR 28 Cr
Reliance Consumer Products, a subsidiary of Reliance Retail, is set to acquire direct-to-consumer (D2C) snacking startup TagZ Foods for INR 28 crore ($3.5 million)....
CAIT targets Quick Commerce platforms over alleged law violations
The Confederation of All India Traders (CAIT) has set its sights on quick commerce platforms like Blinkit, Swiggy Instamart, and Zepto, accusing them of...
Swiggy makes strong market debut, surges 16.91% above IPO price
Foodtech major Swiggy's shares closed at INR 455.95 on the BSE, a 16.91% increase from its IPO price of INR 390. The stock listed...
Cantabil Retail India reports INR 151.2 crore revenue for Q2, eyes expansion
Cantabil Retail India Ltd has announced its financial results for the second quarter ending September 30, 2024, showcasing impressive growth despite challenging market conditions....
‘We are expecting solid growth for 3-5 years’ – Swiggy CEO after successful listing
Swiggy announced on Wednesday, November 13 that it expects strong growth in the next 3-5 years. The company plans to expand its geographical reach...
Nykaa rewards employees with 1.8 lakh equity shares under ESOP, following 66.3% jump
Nykaa, direct-to-consumer beauty and fashion ecommerce platform, has allotted 1.8 lakh equity shares to its employees under the Employee Stock Option Plan (ESOP), following...
Nazara Technologies partners with ONDC to launch g-Commerce, allows in-gaming purchase
Nazara Technologies has collaborated with Open Network for Digital Commerce (ONDC) to launch gCommerce, a revolutionary in-game monetization platform.G-commerce to integrate e-commerce with gamingThis...
Nykaa appoints former Cars24 South East head as EVP for fashion arm
Nykaa, the beauty and fashion ecommerce major, has appointed Abhijeet Dabas as Executive Vice President and Business Head for its fashion segment. Dabas joins...
Zomato’s Quick Commerce arm Blinkit pilots large order fleet
Blinkit, the quick commerce arm of Zomato, has begun testing a large order fleet in the Delhi NCR region. This development comes after Zomato...
JM Financial initiates coverage on Swiggy with ‘Buy’ recommendation
Brokerage firm JM Financial has initiated coverage on foodtech major Swiggy, giving it a 'buy' recommendation and setting a price target of INR 470,...
Global investment firm Prosus earns $2 Bn from Swiggy’s IPO
Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...
Godrej industries to acquire Savannah Surfactants for INR 76 Cr
Godrej Industries announced to buy Savannah Surfactants Limited’s food additives and emulsifier business for INR 76 crore. In a regulatory filing on Tuesday, Godrej...