Food and Grocery
Finance & Funding
Swiggy gets Sebi approval to raise funds via IPO
PTI -
The company's annual revenue stood at $1.09 billion as of March 31, 2023, and has more than 4,700 employees, according to Tracxn, a global startup data platformNew Delhi: Food and grocery delivery major Swiggy has received capital markets regulator...
Food & Beverage
Truly Desi to get into agro-tourism and traceability – founder
Started with 15 customers, now the brand has a base of about 5000 customersBengaluru: Truly Desi stands for a movement and earmarks a change in the way we conceptualise dairy and organic products. An initiative flagged off by a...
Leaders Ink
From farm to fork: Building resilient grocery supply chains
Procuring yield directly from farmers can help eliminate issues such as high logistics costs, risk of contamination or food wastage, loss of valuable time and resources, and other major disruptionsÂ
New Delhi: Survival of the fastest is the new norm...
People
Every customer is a new opportunity: Rajesh Francis of Magson
Rajesh Francis, co-founder and managing director, Magson, a specialty retail chain of gourmet and frozen food speaks about his professional challenges and accomplishments in the retail industryMumbai: Rajesh Francis, co-founder and managing director, Magson, a specialty retail chain of...
Latest News
Retail sales grow 9% in July 2023 vs July 2022: RAI Survey
According to an RAI survey, QSR and Food and Grocery recorded a growth of 15% and 14% respectively, while jewellery grew 12% in July 2023Â as compared to the same period last year
Mumbai: Retail sales in July 2023 showed...
Food & Beverage
Balaji Grand Bazar: From a corner store to a store chain
The story of the evolution of Balaji Grand Bazar from a corner store of 360 sq. ft. into one of the largest supermarket store chains in HyderabadBengaluru: Balaji Grand Bazar is a name familiar to all Hyderabadians regardless of...
Food
Spencer’s Retail Q1 net loss widens to Rs 64.13 cr
PTI -
Its revenue from operations fell 8.18 per cent to Rs 570.17 crore during the quarter under review as against Rs 621 crore in the year-ago periodNew Delhi: RP-Sanjiv Goenka Group arm Spencer's Retail Ltd on Thursday said its consolidated...
Big Grid
How grocers can hire and retain workers amid an unprecedented labor landscape
According to the Bureau of Labor Statistics, there were 67 unemployed workers for every 100 job openings in November 2021. Many of the people who have left the workforce are mostly lower-wage workers seeking jobs that are raising wages...
Retail
Retailers witness 7% sales growth in 2023 as compared to last year: RAI
In categories, Food and Grocery and Footwear reported a growth of 15% each followed by jewellery (14%) and Sports Goods (13%) as compared to sales levels in June 2022
Mumbai: Sales in June 2023 showed a moderate growth of 7%...
E-Commerce
BigBasket records loss of Rs 1,535 crore in 2022-23
PTI -
The BigBasket losses increased by 89% as compared to 2021-2022 when it had posted a loss of around Rs 812 croreNew Delhi: Online grocery delivery firm Innovative Retail Concepts, which operates as BigBasket, has posted a widening of its...
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Latest News
Bik.AI aims to go public within 5 years: CEO Sonakshi Nathani
Sonakshi Nathani, co-founder of AI tech company Bik.ai shares insights on the future of the company while speaking about...
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