WickedGud, the Mumbai-based startup known for its healthier alternatives to traditional snack foods, has raised Rs 20 crore in a fresh funding round. This round was led by Orios Venture Partners, with participation from Asiana Fund and existing investors, including Bollywood actress Shilpa Shetty. The investment follows a series of successful fundraising rounds, including one almost a year ago…
India’s e-commerce sales are projected to reach between ₹1 lakh crore and ₹1.2 lakh crore in gross merchandise value (GMV) this festive season, driven by strong pent-up demand and a trend towards premiumization, according to a report from Redseer Strategy Consultants. This represents a 20% year-on-year growth for the sector.
Key categories like mobiles, electronics, and fashion are poised…
Uber is set to relaunch its luxury ride-hailing service, Uber Black, in India, catering to the growing demand for premium experiences among Indian consumers. The revamped service is expected to begin rolling out in Mumbai within the next few weeks.
Initially introduced in India in 2013, Uber Black offered high-end vehicles such as Mercedes, BMW, and Audi. However, it was soon replaced by more…
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…
