Magnum HoldCo To Acquire 61.9% Of Kwality Wall’s India
On 22 January 2025, Hindustan Unilever informed that it would demerge its ice cream business into an independent entity, Kwality Wall’s (India)
On 22 January 2025, Hindustan Unilever informed that it would demerge its ice cream business into an independent entity, Kwality Wall’s (India)
The funding will be used to accelerate platform development, scale its product and engineering team, and onboard more brand partners across the globe
The reports note that the company is likely to file the draft prospectus for its upcoming initial public offering in the next two to three weeks.
The company’s revenue from operations rose to Rs 1,144.4 crore in the recently concluded fiscal year from Rs 828 crore in FY24
Fuel and Power group’s index declined by 0.95 per cent to 146.7 in May 2025 from 148.1 in April 2025
The Joint Venture (JV) informed that it does not have any official brand ambassador in the country and has not entered into any collaboration with the said person
The reports noted that the service is available to select users as it is currently in beta mode
Bigbasket eyes challenging the established players like Swiggy’s Snacc, Blinkit’s Bistro, and Zepto Café
The reports note that the establishment was operating without a valid food license, and various serious irregularities were also reported