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Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft

Sauce has also acquired an additional 1% stake from other shareholders in GRM Foodkraft, which focuses on the domestic foods businessNew Delhi: Basmati rice company GRM Overseas on Monday said it has sold more than a 3% stake in...

Dunzo switches to Zoho workspace from Google suite to cut costs

Google Workspace is priced at about Rs 1,600 per user each month under the enterprise plan, while Zoho charges a portion of that at Rs 489 for similar offeringsNew Delhi: Troubled quick commerce startup Dunzo has migrated all its...

Zomato reports Rs 36 crore profit after tax in Q2

Revenue from operations was Rs 2,848 crore in the quarter. In the year-ago period, it was Rs 1,661 croreNew Delhi: Online food delivery platform Zomato on Friday reported a consolidated profit after tax of Rs 36 crore for the...

Reliance Retail crosses a billion transaction benchmark in FY23, to ramp up FMCG business

In FY23, Reliance Retail's digital commerce and new commerce businesses contributed to 18% of its revenue, which stood at Rs 2.60 lakh croreNew Delhi: Reliance Retail has crossed the milestone of a billion transactions in FY23 and its registered...

Dunzo seller app joins ONDC; aims to onboard 20,000 merchants in 45 days

In addition to being a logistics partner on the network, the seller app will onboard 1,500 local merchants in the next one weekNew Delhi: Quick commerce and logistics app Dunzo's seller arm has joined the Open Network for Digital...

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...

QSR chain Wow Chicken by Wow! Momo opens outlet in Mumbai

Located at Phoenix Marketcity, Kurla in Mumbai, this is the 35th store of the fast food chain Wow Chicken Mumbai: Multi-brand quick service restaurant (QSR) chain Wow! Momo Foods has opened the latest outlet of its brand Wow! Chicken in...

Zepto delivered mangoes worth Rs 25 crore

Zepto sold mangoes worth Rs 60 lakh in a single day, Alphonso was the most sold variant of mango this season with a 30% share of the total sales New Delhi: Quick commerce platform Zepto delivered mangoes worth Rs 25 crore...

Swiggy’s food delivery business turns profitable: CEO

Swiggy has become one of the very few global food delivery platforms to achieve profitability in less than nine years since its inception, says company co-founder Sriharsha MajetyNew Delhi: On-demand convenience platform Swiggy's food delivery business has turned profitable,...

Zomato extends association with observability platform New Relic

Zomato has adopted New Relic to ensure high performance and reliability across its 17.4 million monthly transacting customers and 330,000 active restaurant partners Bengaluru: Food delivery platform Zomato has standardised on observability platform New Relic to ensure high performance and reliability...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee

Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...
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