Top Stories
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TFW Bureau Dec 11, 2024 - 3 min readNolte Küchen, the German kitchen global leader with a 100-year-old legacy, is set to expand its Pan-India footprints through multiple flagship stores and strategic channel partners.The company has initially earmarked USD 2 million (nearly INR 17 crore) for the pan-India expansion, aimed at making the best of kitchen & interior solutions accessible to all Indian...
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Beny Sachdeva Dec 11, 2024 - 4 min readZepto Café, the rapidly growing quick-service kitchen network from Zepto, is set to launch its dedicated app next week. This strategic move comes as Zepto Café continues its rapid expansion, with over 100 new cafés opening each month across six major cities, including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, and Pune. To celebrate this milestone, Zepto...
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TFW Bureau Dec 09, 2024 - 2 min readYum! Restaurants (India) has reported a profit of Rs 162.04 crore for FY24 while its revenue from operations was up 6.6% to Rs 689.93 crore, the company said in an RoC filing. Yum! Restaurants (India) Pvt Ltd is the holding company of Pizza Hut India Marketing and KFC India Marketing. The total income of Yum!...
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Beny Sachdeva Dec 09, 2024 - 4 min readThe Coffee Bean & Tea Leaf™, a global specialty coffee and tea house, has taken a significant step forward in its global expansion plans with the signing of a Master Franchise Agreement for India. This strategic partnership grants Ekaagra Ostalaritza Pvt Ltd exclusive rights to develop and expand The Coffee Bean & Tea Leaf brand...
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TFW Bureau Dec 06, 2024 - 2 min readThe Organic World (TOW), a known brand in responsible retailing and a part of the Bengaluru-based Nimida Group, is all set to add 30 new stores in Hyderabad, by the end of 2025. In September this year, TOW marked its foray out of Karnataka with the launch of its first store in Hyderabad in Pragathi Nagar. This targeted expansion...
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TFW Bureau Dec 06, 2024 - 3 min readMyntra, the fashion and lifestyle e-commerce platform, has announced the launch of its quick commerce service ‘M-Now’, which promises delivery in 30 minutes. Currently operational in Bengaluru, M-Now is set to expand to a mix of metro and non-metro cities across the country in the coming months, according to Myntra CEO Nandita Sinha. “Fashion, a highly...
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TFW Bureau Dec 05, 2024 - 2 min readGautam Hari Singhania has been appointed as the executive chairman of Raymond Lifestyle Limited, following shareholder approval through a Postal Ballot on December 4, 2024. Sunil Kataria has also been named the managing director of the company. According to the company’s filing with SEBI, 86.85% of votes supported the resolution, while 13.15% opposed it. This...
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TFW Bureau Dec 05, 2024 - 2 min readSwiggy is betting big on its quick commerce business and plans to double its store count to over 1,045 with more than double the area to 40 lakh sq. ft. by March 2025, the company has said. On-demand convenience platform Swiggy, which runs its quick commerce business under the Instamart brand, said it is rapidly growing...
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Parina Sood, TFW Bureau Dec 05, 2024 - 1 min readSamosa Singh, well known quick-service restaurant (QSR) chain, is aiming to operate 100+ physical QSR stores spread across major cities in the next 18 months. The brand has now equipped its manufacturing capabilities to grow 5X, which makes it one of the largest manufacturers of samosas in the country. With a 5X boost in manufacturing capacity...
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Parina Sood, TFW Bureau Dec 04, 2024 - 1 min read99 Pancakes, homegrown QSR chain specializing in pancakes, has announced that it has successfully raised INR 200 million in a recent Series A funding round. This significant investment is received from family office, which will fuel the company’s ambitious pan-India expansion strategy, focusing on increasing its presence in Tier 1 cities and beyond. With this...