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FMCG firm GRM Overseas acquires 44% stake in Rage Coffee
GRM Overseas, a listed FMCG, has acquired a 44% stake in Rage Coffee. This strategic investment will be in Swmabhan Commerce Pvt Ltd, the...
E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier
The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...
India only APAC market with double-digit growth in FMCG and tech durables through modern trade: NielsenIQ Report
India is the sole country in the Asia-Pacific region where modern trade channels in FMCG and tech durables are consistently achieving double-digit growth, driven...
Indian consumers stick with retail chains despite e-commerce boom
Despite the growth of e-commerce, Indian consumers continue to shop at retail chains for premium products and during major sales or festive seasons, a...
Rural demand in FMCG sector set to grow further in the coming quarters: Axis Securities
The Fast-Moving Consumer Goods (FMCG) sector in India remains robust and adaptable, showing top-line growth in Q1FY25 mainly due to a continued resurgence in...
GRM Overseas ropes in Salman Khan as brand ambassador for 10X basmati rice and atta
GRM Overseas, a listed FMCG company, has signed Bollywood actor Salman Khan as the brand ambassador for its 10X basmati rice and wheat flour...
Quick commerce platforms raise delivery weight limits to 35 kg as bulk monthly purchases surge
Quick commerce companies are raising delivery weight limits per order as consumers shift to bulk monthly shopping from the 1st to the 10th of...
B2B platform Udaan partners with Ministry of Consumer Affairs, SIDBI to transform fair price shops into Jan Poshan Kendras
B2B platform Udaan has partnered with the Ministry of Consumer Affairs, Food and Public Distribution, and SIDBI to convert Fair Price Shops (FPSs) into...
FMCG companies expect volume growth to sustain amid rising rural demand
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...
Sujata Appliances expands product line to target modern households and HoReCa sectors
In a move to modernise its brand, Sujata Appliances—an established name in India's kitchen appliances industry for over 40 years—has recently broadened its product...
Reliance Industries pumps INR 15,000 Cr into Reliance Retail for expansion and new store formats
Reliance Industries ha͏s in͏ves͏ted͏ a͏round ͏I͏͏NR 14͏͏,839͏ crore in͏ debt͏ ͏in͏t͏o͏ Reliance Retail ͏͏o͏ver ͏the p͏as͏t ͏f͏i͏sca͏l year.͏ ͏T͏h͏is͏ financial bo͏ost͏ is aime͏d a͏t͏...
WayCool Foods reports 62% revenue growth to INR 1,251 Cr for FY23; net loss rises 89% to INR 685 Cr
WayCool Foods, the Chennai-based agritech startup,͏ saw a 62%͏ inc͏reas͏e in opera͏ting͏ r͏ev͏enue, ͏s͏u͏r͏p͏assi͏ng I͏NR 1,͏0͏00 ͏cro͏͏r͏e for th͏e͏͏ financi͏al year ended March ͏3͏1,͏͏...
