Ram Krishnan, CEO of PepsiCo Beverages North America, employs a unique, color-coded approach to time management that helps him efficiently navigate the complexities of leading one of the world’s largest beverage divisions. Speaking in Fortune’s ‘Champion Mindset’ series, Krishnan shared insights into his systematic strategies for balancing the demands of his role while fostering personal…
Tupperware Brands, the iconic home product manufacturer, has officially filed for Chapter 11 bankruptcy protection, marking a significant turn in the company’s history. Once a staple in American households, Tupperware is now struggling to adapt in a rapidly changing market. Here are three reasons contributing to the brand’s downturn.
1. Failure to Evolve
Tupperware’s inability to adapt to…
Elivaas, an innovative platform specializing in the management of luxury villas and apartments, has successfully raised $5 million in a Series A funding round led by 3one4 Capital. The funding round also attracted participation from Peak XV’s Surge and several prominent angel investors. This new capital will enable Elivaas to enhance its proprietary technology platform, expand its market…
In a significant move to bolster its presence in the U.S. hospitality market, OYO, the India-based parent company of Oravel Stays, has announced its acquisition of G6 Hospitality, the franchiser of the well-known Motel 6 and Studio 6 brands, for $525 million. This all-cash transaction, backed by Blackstone Real Estate, is expected to close in the fourth quarter of 2024, pending customary closing…
Digital banking startup Freo, backed by Peak XV, is set to relocate its domicile from Singapore to India, marking a significant shift in the startup landscape. This move aligns with a growing trend of startups returning to their home market, driven by the expanding opportunities within India’s financial sector.
Freo, which operates under Singapore-headquartered MyCash Fintech, is in the early…
Engine, previously known as Hotel Engine, has secured $140 million in Series C funding led by a private equity firm advised by Permira, boosting its valuation to $2.1 billion. This marks a significant 62% increase from its prior valuation of $1.3 billion following a $65 million Series B round in late 2021.
This growth comes amid a challenging environment where many startups are facing flat or…
Tata Consultancy Services (TCS), a leading global IT services and consulting firm, has announced a landmark partnership with Golden Arches Development Corporation (GADC), the master franchise holder of McDonald’s in the Philippines. This two-year collaboration marks TCS’s first engagement with the fast-food giant in the Asia-Pacific (APAC) region, aiming to digitize and standardize the IT…
India Lifestyle Network (ILN), the parent company of popular digital platforms MensXP, iDiva, and Hypp, is exploring the possibility of separating from Mensa Brands. This move comes two years after Mensa’s acquisition of ILN for approximately $100 million. The decision stems from a perceived misalignment in growth priorities between the two entities.
Background of the Acquisition
Mensa Brands…
Sharp Corporation Accelerates Semiconductor Ambitions in India, Seeks Local Partners for Display Fab
Global electronics giant Sharp Corporation is intensifying its efforts to establish a semiconductor display fabrication facility in India. This initiative is part of the India Semiconductor Mission (ISM), which aims to enhance the country’s position in the global semiconductor supply chain. Sharp is currently scouting for strategic partnerships with local players to drive this ambitious project…
The Department for Promotion of Industry and Internal Trade (DPIIT) is set to launch BHASKAR, an innovative digital platform designed to enhance India’s startup ecosystem. This initiative, part of the Startup India program, aims to centralize and streamline collaboration among key players, including startups, investors, mentors, service providers, and government entities.
BHASKAR aligns with the…
