The Baker’s Dozen (TBD), an artisanal bakery brand, has raised Rs 33 Crore in the pre-series A funding round. The investment round, was spearheaded by Wipro Consumer Care – Ventures, Fireside Ventures, Mirabilis Investment Trust and She Capital. This strategic investment will be channeled towards expanding TBD’s presence beyond metros, targeting growing markets in non-metro […]
American retail company Walmart is set to harness artificial intelligence (AI) in its drone delivery looking forward to improving its customers’ shopping experiences. Unveiling the plan, the multinational retailer said the goal is to reach 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Walmart has been utilising drone delivery for […]
Tata Starbucks unveiled its plan to operate 1,000 stores in India by 2028, translating to the opening of a new store every three days. The strategic vision, articulated on Tuesday, revolves around empowering local partners with skills for employment, creating new stores designed to offer customers an elevated experience, and promoting Indian-origin coffee globally. Established […]
The Hershey Company appointed Luigi Mirri as general manager of India on January 1, 2024. Mirri served as the general manager of APAC, and now will expand his responsibilities to include India, the company said in a statement issued on Tuesday. He has spearheaded the expansion of the brand footprint in critical markets, such as […]
India’s manufacturing sector concluded 2023 with a somewhat uncertain outlook as factory growth decelerated to an eighteen-month low in December, revealed by a business survey released on Wednesday. The HSBC India Manufacturing Purchasing Managers’ Index, produced by S&P Global, dipped to 54.9 in December from November’s 56.0. Nevertheless, the index remained above the 50-mark, indicating […]
Roastery Coffee House is expanding its legacy to Finland. The expansion plans are already in motion and began with a stellar 3-day coffee pop-up event in Helsinki on the 15,16 and 17 of December 2023, held at ISO Roobertinkatu 30. Nishant Sinha, Founder of Roastery Coffee House commented, “This is more than just coffee; it’s […]
Brainbees Solutions (FirstCry), a retail platform specialising in products for mothers, babies, and kids, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The initial public offering (IPO) of the company includes a fresh issue of equity shares totaling up to Rs 18.16 million and an offer-for-sale […]
Asian Granito’s stock surged nearly 9 per cent on 26 December, fueled by the launch of its sanitaryware manufacturing arm, AGL Sanitaryware. This marks the company’s big push into the bathroom market, leveraging its existing expertise in tiles. At 1.39 pm, shares of the company were trading nearly 6 per cent higher at Rs 75.85 […]
Century Plyboards (India), a manufacturer of wood panels and the decorative industry has allocated an investment of close to Rs 1000 crore for the laminate Medium density fibreboard (MDF) and Poly Vinyl Chloride (PVC) unit in Andhra Pradesh. The first phase of production comprises two large-size presses of laminates in Badvel, Andhra Pradesh which was […]
Tipping Mr Pink, the parent company of the QSR brand, Burger Singh, has secured an undisclosed amount in a pre-Series B funding round, elevating its valuation to a robust USD 52 million. This funding round was led by Turner Morrison, with notable participation from Homage Ventures LLP – Office of Aditya Ghosh and a strong […]
