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Nykaa takes over majority stake in D2C skincare brand Earth Rhythm
Nykaa, a leading beauty and fashion e-commerce platform, has announced the acquisition of a majority stake in Earth Rhythm, a direct-to-consumer (D2C) skincare and...
H&M eyes retail expansion with new physical stores in Surat and Dehradun
H&M India has announced the opening of two new stores, one in Dehradun and the other in Surat. H&M now operates in 65 locations across...
Amway India registers INR 53 Cr loss for FY24, revenue stands at INR 1280 Cr
Amway India Enterprises, a direct seller, has reported a widening net loss of INR 52.78 crore for the financial year 2024, while revenue from...
Zomato rolls out quick delivery service for B2B Hyperpure, intensifying competition
Zomato's business-to-business (B2B) grocery supply vertical, Hyperpure, has launched a rapid delivery service.Zomato’s Hyperpure to charge INR 99 for express deliveryThis new service offers...
Suditi Industries takes over kidswear retailer Gini & Joy, plans omni-channel expansion
Suditi Industries, a textile and garment manufacturer, has acquired Gini & Jony, a well-known kidswear retailer, for an undisclosed amount.Gini & Jony operates through...
True Diamond bags $1 Mn in seed funding led by Titan Capital, plans retail expansion
True Diamond, a leading player in the lab-grown diamond industry, has secured $1 million in seed funding led by Titan Capital.Huddle Ventures, Zeropearl Ventures...
Higher profits for FMCG leaders in quick commerce vs. retail and e-commerce!
Consumer goods companies are bagging higher profits from quick commerce than other channels, according to top executives of companies like Colgate-Palmolive India, Godrej Consumer...
India’s Gold demand surges to 50 times production in 2023
India's gold production in 2023 was 15.1 tonnes, while demand for gold was 747 tonnes, 50 times more than the supply, according to a...
Reliance Consumer boosts distributor margins following Cola market disruption
Reliance Consumer Products (RCPL) is offering higher margins to its distributors and trade partners to incentivize them to stock up and promote its portfolio...
Quick commerce delivery workers ‘out-earn’ food delivery counterparts
Delivery executives working for quick-commerce platforms earn more than those delivering food, revealed a recent report .Morgan Stanley states Q-comm delivery man earn INR...
Curefood goes global, opens Sharief Bhai outlet in Dubai
Curefoods has expanded its brand globally by opening its first Sharief Bhai outlet in Dubai, UAE.Curefood to serve handcrafted Dakhni flavors from DeccanLocated in...
CCI gives nod to Temasek investment in Rebel Foods
The Competition Commission of India (CCI) has given the nod for Temasek, through its wholly-owned subsidiary Jongsong Investments, to acquire a stake in Rebel...