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Go Zero Secures $1.5 Mn Follow-On Pre-Series A Funding

The funds will be used to expand its presence on quick commerce platforms along with expanding to Tier 1 cities New Delhi:  Ice cream brand Go Zero has raised $ 1.5 million in its follow-on pre-Series A funding round, the company...

Sheela Foam sees 14-15% CAGR growth in next 3-5 yrs: CEO Nilesh Mazumdar

Currently, the Indian mattress market is estimated to be around Rs 15,000 croreNew Delhi: Sheela Foam, which owns two leading mattress brands -- Sleepwell and Kurlon -- expects a double-digit CAGR growth of 14 to 15% in short to...

DS Group’s confectionery business achieves Rs.1,000 crore sales in FY24

The confectionery division of DS Group has grown by over 20 % CAGRNew Delhi: The confectionery arm of DS Group, Dharampal Satyapal Foods Ltd. (DSFL), has achieved an annual sales turnover of Rs.1,000 crores in FY 2023-24, the company said in...

Royal Canin sets up packaging centre at Bhiwandi, Maharashtra

The state-of-the-art facility is equipped with automatic packing machines and associated utilities New Delhi: Leading pet food brand Royal Canin has announced the opening of its new packaging centre at Bhiwandi in Maharashtra. The facility is a result of a...

DS Group earmarks Rs 125 cr spend in FY25 to fuel growth of Catch Spices brand

We have grown around 22 per cent CAGR over the years. In the last two years we have grown at a CAGR of 24 per cent. We plan to grow at a CAGR of 30 per cent in the...

Vegan wellness brand Fitspire raises undisclosed pre-Series A funding

The funding round was led by the founders of LC Nueva, singer Sukhbir Singh, and the family Office of JaipuriasNew Delhi: Vegan health and personal care products brand Fitspire has secured an undisclosed amount of funding in a pre-series A round, the...

Bikaji Foods International acquires 49% stake in Bhujialalji

Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...

India franchise industry to touch $140-150 billion in next 5 years, says report

The Indian franchise industry is valued at around Rs 800 billion and is expected to continue growing in the coming years at a rate of 30 to 35% per annumNew Delhi: The India franchise business is expected to touch...

Pizza Hut to continue aggressive expansion spree: Merrill Pereyra

Pizza Hut is focusing on emerging markets in Tier II & III places, which now contribute 50% of its business in IndiaNew Delhi: Leading quick service restaurant chain Pizza Hut, which had doubled its store count in the country...

Saj Food Products eyes Rs 5,000 cr revenue in five years

The Kolkata-headquartered company, which owns Bisk Farm' brand, is likely to close the current financial year with a revenue of around Rs 2,100 croreKolkata: Biscuit maker Saj Food Products, which is expecting to touch a revenue of Rs 2,500 crore...
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Amazon exits Shoppers Stop; sells 4% stake for Rs 276 cr

Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares in Mumbai-headquartered Shoppers StopNew Delhi:...
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