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With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys
Deal likely to close by mid-Jan 2023, will be funded by mix of internal accruals and debt
Company will expand business in Mumbai, Delhi, Bangalore, Chennai, and other major cities
Firm says its cooking appliances help domestic and commercial kitchens
At present, there are about 13 independent cloud kitchens, but the numbers are set to increase
A trailblazer, Kapoor tells Akshara Srivastava about reinventing himself in the kitchen
The merger will also take Curefoods' market presence to 125 kitchens across 12 cities catering to over 10 cuisines
Cloud kitchen platform Curefoods on Wednesday said it has raised $62 million and will continue to acquire major cloud kitchen brands across the country.
The group which will be headed by food secretary of Madhya Pradesh will comprise food secretaries of eight states
Sure you have checked out multiple cloud kitchens that have carved a niche in app-based food delivery platforms. Let's decode the cloud kitchen trend and find out why it is gaining momentum in India
Cloud kitchens have been able to drive customer satisfaction as well
Curefoods wants to be a $100-million revenue business by the end of 2022-23
Kitchenware brand Wonderchef is eyeing 23 per cent growth in revenue at Rs 400 crore in 2021-22 as compared to the previous year due to increase in upgradation of cookware following the pandemic, a top company executive said. "The COVID-19 related disruptions forced many people to enter their kitchen where they found the need to upgrade their cookware. "This increased the demand for Wonderchef products. Looking at the growth momentum, we expect to touch Rs 400 crore revenue in this financial year compared to Rs 325 crore during 2019-20," Wonderchef founder and managing director Ravi Saxena told PTI. With more and more young people entering the kitchen following the pandemic, there was a growth in demand for stylish, modern, healthy and convenient cooking appliances, which will drive the demand and help Wonderchef become a Rs 1,000 crore company in next five years, he said. The company, which manufactures its products through 65 vendors in India as well as overseas, is also targetin
East Delhi MP Gautam Gambhir launched his third 'Jan Rasoi' (community kitchen) in his constituency's Patparganj area here on Friday, according to a statement issued by his office
ZFW Hospitality, a hyperlocal expansion platform for F & B & D2C brands, is entering Mumbai with over 50 dark kitchens & fulfillment centers for brands to expand in the western region.ZFW, which already partners with leading brands, has established a strong presence in Delhi-NCR with over 35 plus fulfillment centers. This expansion will help the platform scale up to the 100-store mark by August, before its Bangalore launch.Commenting on the development, Madhav Kasturia, Founder of ZFW said, "Mumbai is a very strategic move for us, as it's the third-largest market in India for Food Delivery & Hyperlocal E-commerce after Delhi & Bangalore. Most brands on their expansion trajectory prefer to cover the major metros as their first milestones before scaling to Tier-2s & Tier-3s as these are easy-to-access markets. We've been very selective in choosing the brands we support & currently have several on the waitlist for the Q3 cohort."As part of its ...
Kitchen appliances maker TTK Prestige on Tuesday said it has concluded a long-term settlement covering all its workmen at the manufacturing unit in Gujarat
Institutional portion garners 8x, HNI subscribed 33 times, while retail quota saw 26x subscription
The company is looking to raise Rs 95 crore through the IPO. The issue also comprises of secondary share sale worth Rs 318 crore
The company says demand across categories is robust, many of its stores are out of stock and that the firm able to meet neither domestic nor export requirements