FMCG
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Despite revenue boost, Paper Boat’s net loss soars by 71% in FY23
Hector Beverages, the company behind the popular beverage brand Paper Boat, experienced a 71% increase in its net loss, reaching INR 90.6 Crores during...
Daawat earns top spot in Canstar Blue’s dry rice ratings in Australia
LT Foods, a venerable Indian-origin FMCG company with a 70-year legacy in the consumer food space, proudly announces that its flagship brand, Daawat, has...
Epigamia appoints Rahul Jain as CEO, charts new course for growth in the health snack market
Mumbai-based health snack brand Epigamia has appointed Rahul Jain, its co-founder and chief operating officer, as the new chief executive officer.He takes over from...
ITC takes the lead as top FMCG manufacturer in the food sector
In the nine months leading up to September, ITC Ltd has emerged as the leading fast-moving consumer goods (FMCG) manufacturer in the food sector...
BIA Brands makes first foray into skincare with TrueKind acquisition
Fast-moving consumer goods (FMCG)-centric BIA Brands has acquired Mumbai-based TrueKind, marking its initial venture into the skincare space.Nevertheless, the financial terms of the deal...
Kiranas grapple with surplus: Pre-Diwali orders linger on shelves, prompting cutbacks in fresh FMCG orders
In November, orders placed with fast-moving consumer goods companies by kiranas or local neighborhood stores, which account for over 85% of their sales, experienced...
Wipro Consumer Care – Ventures launches second fund of INR 250 Crore to boost consumer startups
Wipro Consumer Care - Ventures, the venture funding division of Wipro Consumer Care and Lighting, announced on Saturday the initiation of its second fund,...
Festive season falls flat for FMCG sector, leaving distributors with surplus stocks
The national federation of fast-moving consumer goods distributors has reported that subdued demand during the festive season has resulted in distributors struggling with surplus...
Indian specialty coffee brand Blue Tokai eyes 130 outlets and new overseas markets
Blue Tokai, an Indian specialty coffee brand, aims to increase its footprint to 130 outlets by the end of the financial year. The company...
Eyeing revival, FMCG companies turn focus back to kirana stores
Sales of fast-moving consumer goods in kirana stores or traditional shops have decelerated, according to chief executives of companies like Marico, Dabur, Emami, and...
Rage Coffee gears up for global expansion, set to open kiosks and strengthen market presence
FMCG brand Rage Coffee is gearing up to extend its reach in international markets while also enhancing its presence in modern trade outlets across...
PriyaGold diversifies into the D2C market with new website launch
On Thursday, FMCG major PriyaGold announced its entry into the Direct-to-Consumer (D2C) space with the launch of its website.In a statement, PriyaGold said its...