Wednesday, December 17, 2025

Industry

Agritech startup Greenikk shuts down operations, returns partial capital to investors

Agritech startup Greenikk stated on Monday that it is shutting down operations due to funding challenges and difficult market conditions.Greenikk͏͏ had͏͏ secured͏͏ approximately͏͏ $1͏͏...

WellBe Foods wins ‘Start-Up of the Year’ at Fi India Awards 2024

WellBe Foods, a direct-to-consumer brand within the Nimida Group known for its "Deliciously Good" food options with "No Nasties," has been honoured with the...

D2C furniture and mattress startup Wakefit reports 24% revenue growth to INR 1,017 Cr in FY24

Wakefit, the Bengaluru-based mattress and furniture manufacturer, reported a 24% year-on-year revenue increase, reaching INR 1,017 crore for the financial year ending March 31,...

Authum Investment, Mahi Kela to acquire 46.85% stake in Prataap Snacks for INR 846.60 Cr

Authum Investment & Infrastructure, along with Mahi Madhusudan Kela, will acquire a 46.85% stake in Prataap Snacks, the Indore-based packaged foods company known for...

Lulu Group to establish food processing and logistics centres in Andhra Pradesh

UAE-based Lulu Group International plans to establish modern food processing and logistics centres in Andhra Pradesh, alongside hypermarkets and a shopping mall, according to...

Amul crosses INR 59,545 Cr sales turnover, marks 8% YoY growth

The Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets the popular Amul brand, held its 50th Annual General Meeting on 28 September 2024. In͏͏...

Nine West expands its reach in India through Myntra collaboration

As India's retail landscape expands, Nine West, a footwear brand under Bata, is boosting its presence by launching on Myntra. The͏͏ brand͏͏ focuses͏͏ on͏͏...

Indian hospitality sector’s revenue per available room set to grow by 8-9% in FY25

The Indian hospitality sector is experiencing significant growth, with a report indicating that revenue per available room is projected to increase by around 8-9...

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