Startup

Lahori Beverage Company Aims for ₹400 Crore Investment, Tripling Valuation to ₹2,700 Crore

Chandigarh’s Rising Star in the Beverage Industry Lahori, a Chandigarh-based beverage company known for its unique carbonated non-alcoholic drinks inspired by local flavors, is making waves in the investment world. The company is in talks to secure a ₹400 crore funding round, which could potentially triple its valuation to around ₹2,700 crore. This significant leap in value comes just two…
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BusinessNews

Dabur and Jubilant Group Vie for Stake in Coca-Cola’s Indian Bottler Ahead of IPO

Introduction: Coca-Cola India’s bottling arm, Hindustan Coca-Cola Beverages (HCCB), is gearing up for a significant transformation as it prepares for an Initial Public Offering (IPO). In a strategic move to capitalize on its growth trajectory and attract prominent investors, Coca-Cola is exploring the sale of a substantial stake in HCCB. This development has drawn interest from notable business…
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BusinessNews

Coca-Cola Beats Earnings Expectations, Raises Full-Year Outlook on Global Demand Surge

Coca-Cola exceeded earnings expectations for the second quarter and has raised its full-year outlook amid robust global demand for its beverages. The company now anticipates organic revenue growth of 9% to 10% for 2024, up from a previous forecast of 8% to 9%. Additionally, Coca-Cola has adjusted its comparable earnings growth projection to a range of 5% to 6%, compared to the earlier forecast of…
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