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Bombay Shaving Company eyes Rs 260-280 crore topline in FY24: Founder Shantanu Deshpande

It also expects a possible $60-80 million pre-IPO round in 3-4 quarters, and gameplan to scale up Bombay Shaving Company to Rs 2,000-3,000 crore, and Bombae to Rs 1,000 crore businesses in his 5-year vision New Delhi: Bombay Shaving Company...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Our benchmark is milk; not to be an alternative: Krishna Reddy, Nourish You

Krishna Reddy, co-founder of Hyderabad-based Nourish You speaks about the company’s new product millet mlk and about the brand’s journey in the superfoods business New Delhi: At some cafes in Hyderabad, the coffee served is made not with animal milk, but...

Skincare brand Akihi raises Rs 1 crore in series A funding

Akihi will use the funds to expand its product line by launching sunscreen and face masks and increase its online presence New Delhi: Homegrown vegan skincare brand Akihi raised Rs 1 crore in its series A funding round. The funding round...

Men’s clothing brand Snitch clocks Rs 100 crore ARR in 2 years

Bootstrapped Snitch registered a CAGR of 120% during the period and aims to earn Rs 350 crore by the end of 2025 New Delhi: Homegrown bootstrapped clothing brand Snitch recorded an annual revenue run-rate (ARR) of Rs 100 crore by the end...

Monrow shoes inaugurates its 50th offline store

Homegrown women’s footwear brand Monrow opens its latest outlet at the multi-brand retail store, Shoppers Stop New Delhi: Homegrown women’s footwear brand, Monrow inaugurates its 50th outlet at the multi-brand retail store, Shoppers Stop. It will now be available at...

Khadim continues its retail expansion in Maharashtra

Khadim is all set to open four new stores in Maharashtra in the second quarter of FY23 New Delhi: Khadim India Ltd., the homegrown affordable fashion footwear and accessories brand is opening four new stores in Maharashtra during the first quarter...

Marico acquires Vietnamese personal care brands in Rs 172 crore deal

Homegrown-FMCG company Marico to acquire Vietnam-based Beauty x Corporation in an all-cash deal to expand its presence in Vietnam New Delhi: Marico on Friday said it will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands 'Purit de...

Khadim continues its retail expansion in Maharashtra

Khadim is all set to open four new stores in Maharashtra in the second quarter of FY23 New Delhi: Khadim India Ltd., the homegrown affordable fashion footwear and accessories brand is opening four new stores in Maharashtra during the first quarter...

E-commerce in India will grow 45%, e-grocery 8X by 2025: RedSeer Research

India’s consumer internet economy showed strong resilience in 2020. The overall gross market transaction value dropped earlier last year due to the pandemic but recovered by the end of the year. Industry experts like Vivek Sunder - COO of Swiggy, Umang...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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