In a major move that’s set to sweeten the Indian food scene, Curefoods, a fast-growing food and beverage house, has acquired the South and West India operations of the iconic Krispy Kreme brand. Krispy Kreme, known globally for its delicious doughnuts and coffee, has been a favorite among Indian consumers, and this acquisition will allow Curefoods to expand its reach across the country.
The deal…
In a significant move within the electric vehicle (EV) sector, Kartik Hajela, the cofounder and Chief Operating Officer (COO) of Log9 Materials, has stepped down from his role at the deeptech startup. He’s now taken on the position of Director at Jupiter Electric Mobility (JEM), where he will oversee the company’s electric light commercial vehicle (e-LCV) segment. This shift comes just a…
Snapdeal, the popular e-commerce platform based in Gurugram, has made impressive strides in the fiscal year 2024. Despite facing tough competition in India’s fast-paced e-commerce market, the company has trimmed its losses significantly, boosted its revenue, and is on a clear path toward profitability. Let’s dive into the details of Snapdeal’s financial performance in FY24 and what this…
In a bold move to tap into India’s rapidly growing quick commerce market, Blinkit, the quick delivery platform owned by Zomato, has expanded its services to Jammu. The company is now offering fast deliveries of groceries and other essential products in just 10 minutes! This new expansion will bring Blinkit’s signature speed and convenience to more customers, making it easier than ever to get…
India has long been the heartland of spices, weaving its magic into kitchens worldwide. And guess what? Chaitra, the founder of From Byadgi, is about to turn up the heat (literally) in the U.S. market with a mission that’s fresh, fiery, and utterly flavorful. Let’s dive in to meet Chaitra, the visionary behind From Byadgi, who embodies passion, determination, and…
Introduction:
India is rapidly emerging as a major player in the global smartphone market, and Apple is set to benefit greatly. According to a new report by The Economic Times, India is on track to become Apple’s third-largest market by 2026, surpassing both Japan and the U.K. This growth is fueled by a booming demand for premium devices, a surge in disposable incomes, and Apple’s growing…
PharmEasy, once a shining star in India’s healthtech industry with a $5.6 billion valuation, has seen a dramatic drop in its worth, now valued at just $456 million. This steep decline has come to light after investor Janus Henderson disclosed it had significantly reduced the value of its shares in PharmEasy. What caused this sharp drop, and what does the future hold for the online pharmacy?
Introduction: In 2024, Swiggy Instamart has proven just how much quick commerce has become a part of everyday life in India. From buying essentials like milk and groceries to splurging on gold coins and gadgets, Swiggy Instamart shoppers have been hitting some jaw-dropping numbers.
According to a new report, two high-spending users from Delhi and Dehradun together spent over ₹20 lakhs this year…
Introduction: In a big win for Indian startups, the Department for Promotion of Industry and Internal Trade (DPIIT) has joined forces with boAt, the popular Indian audio and wearables brand. This partnership is set to give a major boost to startups across the country, especially those in Direct-to-Consumer (D2C) and manufacturing sectors.
With a focus on fostering innovation, providing resources…
Introduction: Groyyo Elevates Nitin Jain to Co-Founder to Drive International Expansion
In a move set to fuel its global expansion, Groyyo, a leading B2B manufacturing technology company, has promoted Nitin Jain to the role of Co-founder. This promotion is a recognition of Jain’s instrumental role in Groyyo’s impressive export growth and his contribution to scaling the company’s…
