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True Diamond raises $1 million in seed funding to expand lab-grown diamond venture
PTI -
The funding round was led by Titan Capital and also saw participation from Huddle Ventures, Zeropearl Ventures, and several notable angel investors including founders from RENÃ E Cosmetics, Mamaearth, Tracxn, and AstrotalkNew Delhi: True Diamond, a startup specializing in...
FMCG
HUL Board approves demerger of ice cream business into an independent listed entity
PTI -
The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...
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Allcargo Gati launches direct delivery services via air to Imphal, Varanasi
PTI -
This expansion of the air express service, which is directly connected to 34 commercial airports pan-IndiaMumbai: Express logistics operator Allcargo Gati on Monday announced the launch of a direct delivery service via air to Imphal in North-east and Varanasi...
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abCoffee appoints former OYO leader Rohit Tiwari as President of Operations
With the new appointment abCoffee is aiming to accelerate its expansion and innovationBengaluru: Home-grown specialty coffee chain abCoffee has appointed Rohit Tiwari as its new president of operations, in a strategic move aimed at accelerating its expansion and innovation,...
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Being Human Clothing opens store in Chennai
The retailer’s latest store is located in Express Avenue Mall, Thousand Lights, ChennaiBengaluru: Indian apparel brand Being Human Clothing has launched its latest store in Chennai located at Express Avenue Mall. The store was inaugurated by Indian dancer Prabhu...
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Beyond Appliances raises $2 million in seed funding
The funding round was led by Fireside Venture Investment Fund IIIBengaluru: Smart kitchen appliance brand Beyond Appliances has raised $2 million in seed funding round led by Fireside Venture Investment Fund III, according to a company press release on...
In Focus
UNIQLO opens largest store in Mumbai
The new store is the brand’s first-ever store in South Mumbai with a total sales floor space of 18,380 sq. ft., spread across two floors Bengaluru: Japanese fashion retail brand UNIQLO has launched its largest Mumbai store, located at Phoenix...
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Patanjali Ayurved’s FY24 revenue up 23% to Rs 9,335.3 cr, helped by Patanjali Foods OFS
PTI -
In FY24 Patanjali Ayurved’s other income was at Rs 2,875.29 crore against Rs 46.18 crore in the year-ago periodNew Delhi: Baba Ramdev-led Patanjali Ayurved’s total income has risen by 23.15 per cent to Rs 9,335.32 crore in 2023-24, helped...
Fashion & Lifestyle
Myntra pilots foray into quick commerce with ‘M-Now’ in select locations of Bengaluru
PTI -
The project, "M-Now," is operational in a few pin codes in Bengaluru and the service will be rolled out to additional locations based on the learnings from the pilotNew Delhi: Flipkart-backed lifestyle e-commerce platform Myntra is piloting a quick...
In Focus
Is Reliance’s retail biz growth bottoming?
PTI -
This is difficult to anticipate near term as Reliance Retail has been affected by a general retail slowdown and specific company restructuring. Investor concerns around the impact of Quick Commerce remain, said JP Morgan in a reportNew Delhi: One...
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Home Appliances: The Made in India Advantage
How local manufacturers are redefining home appliances for Indian ConsumersThe home appliance sector in India has witnessed rapid expansion...
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