Breaking News
Ice-cream brand Hangyo raises $25 Mn from Faering Capital for expansion
Hangyo, a Mangaluru-based ice-cream brand, has raised $25 million (around INR 200 crore) from Faering Capital, marking its largest institutional investment in over 20...
Reliance-owned Hamleys debuts third store in Italy at Oriocentre Mall
Reliance-owned multinational toy retailer Hamleys has opened its third store in Italy, marking a continued expansion in the country following its debut earlier this...
Amazon’s home and kitchen segment sees 25% growth in Odisha for FY24
E-commerce giant Amazon India saw nearly 25% growth in its home, kitchen, and outdoors segment in Odisha for the 2023-24 fiscal compared to the...
Zomato shares surge 2.7% after announcing acquisition of Paytm’s ticketing business
Shares of foodtech giant Zomato rose by 2.7% to reach INR 267 on the BSE in early trading today, up from the previous close...
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...
Decathlon to invest €100 Mn in India to expand store network and strengthen local manufacturing
French sports retailer Decathlon plans to invest €100 million (about INR 933 crore) in India over the next five years. The investment aims to...
United Breweries introduces two premium Heineken beers in Karnataka; Mysuru brewery to handle local production
United Breweries Limited (UBL), a major beer producer in India and a subsidiary of HEINEKEN, has announced that Heineken Silver and Heineken Original will...
Jewellery brand Bluestone bags INR 900 Cr in pre-IPO funding, valuation hits $970 Mn
Omnichannel jewellery brand Bluestone has reportedly closed a funding round of INR 900 crore, boosting its valuation to $970 million.According to ET, the pre-IPO...
Flipkart’s fintech app super.money moves out of beta, launches new RuPay credit card
Ecommerce giant Flipkart announced that its fintech app, super.money, has completed the beta phase following its success. The company also unveiled the app’s first...
Vilcart’s Rural Expansion Plan: Targeting INR 1600 Cr Revenue by Digitizing Village Kiranas
In a bid to revolutionize rural distribution in India, Vilcart, a rural economy-focused technology startup, is setting ambitious goals for 2024. Under the leadership...
Paytm to sell entertainment ticketing business to Zomato for INR 2,048 Cr in all-cash deal
Fintech giant Paytm has signed a definitive agreement to sell its entertainment ticketing business to foodtech major Zomato for INR 2,048 crore in an...
Water purifier brand Livpure secures INR 233 Cr in funding for expansion and R&D
Livpure, the Delhi NCR-based water purifier brand, has raised INR 233 crore (around $27.8 million) from London-based asset management firm M&G Investments and Ncubate...