FMCG
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Nestle India’s Q4 net profit jumps 27% to INR 934 Crore amid strong sales growth
Nestle India, a major FMCG company, reported a 27% increase in net profit to INR 934 crore for the fourth quarter ended March 31,...
Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit
Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...
HUL expects surge in FMCG demand, rules out short-term price hike
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...
Hindustan Unilever’s net profit dips 1.53% to INR 2,561 Crore in Q4 FY24
FMCG giant Hindustan Unilever Ltd (HUL) has reported a 1.53% decline in consolidated net profit to INR 2,561 crore for the fourth quarter ending...
Honasa Consumer’s skincare brand The Derma Co hits INR 500 Cr ARR milestone
The Derma Co, a skincare brand under the umbrella of Honasa Consumer, the parent company of Mamaearth, reached an annual revenue rate of INR...
Retail sector sees 8% growth in March 2024
Retail sales in March 2024 saw an 8% growth compared to the sales levels in March 2023, according to the survey by Retailers Association...
Hygiene and wellness brand Pee Safe surpasses INR 100 Crore revenue mark with over 50% sales growth in FY23-24
Hygiene and wellness brand Pee Safe has reported a sales growth of over 50% during FY23-24, propelling them past the INR 100 crore revenue...
D2C brands shell out 30-45% commission for quick-commerce platform listings
With the surge in demand for quick-commerce platforms, niche D2C companies operating in sectors such as fast-moving consumer goods, beauty and personal care, and...
Reliance Industries’ FMCG arm rakes in INR 3,000 Crore in FY24; Campa Cola a key contributor
Reliance Industries' FMCG division achieved INR 3,000 crore in sales during FY24, its first full year of operations, according to a senior industry executive...
Wow! Momo secures INR 70 Crore funding boost from Z3Partners to fuel expansion and R&D efforts
Wow! Momo, a renowned quick-service restaurant chain based in Kolkata, has secured INR 70 crore ($8.3 million) in funding from the indigenous investment firm...
Navata Supply Chain Solutions secures pre-series A funding from Equanimity Ventures
Hyderabad-based Navata Supply Chain Solutions has announced the successful closure of pre-series A funding led by Equanimity Ventures. This funding will fuel Navata SCS's...
B2B marketplace ProcMart secures $30 Million in Series B funding led by Fundamentum Partnership
ProcMart, a Noida-based B2B procurement marketplace, has secured $30 million (INR 250 crore) in its Series B funding round. Leading the investment is Fundamentum...