PEs and VCs are capitalizing on D2C skincare and personal care brands driven by the rapid adoption of quick commerce by Indian consumers. D2C startups have received more than $1 billion of funds in FY 2024-25.
Author: Mansi Jaswal
We spent on IPL, then in Q2 we didn’t spend as much, says Naukri-owner Info Edge’s MD
Naukri’s IT segment grew by 12 percent, non-IT by 20 percent and the recruitment consultant segment by about 10 percent.
BARC reports net profit of Rs 20 crore in FY 2024
The revenue of BARC fell marginally by 0.6 percent to Rs 319 crore in FY 24 from Rs 321 crore in FY 23
MoU on gaming policy | Reliance-Disney JV | Telangana’s e-sports policy
Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
Mamaearth-parent firm Honasa Consumer reports loss of Rs 18.57 crore, sales down 7%
Honasa Consumer’s total income stood at Rs 481.84 crore in Q2 FY 25- down 4,24 percent. The company’s expenses were up by 9.1 percent to Rs 506.21 crore in the same period.
Mercedes-Benz India CEO pushes for auto export boost, advocates ‘Make for the World’ policy
Mercedes-Benz India CEO Santosh Iyer suggested a policy that focuses not just on “Make for India” but “Make for the world” as well
Slowdown in urban is temporary, just the way rural was: HUL CEO Rohit Jawa
‘We will continue to build products that upgrade the quality of life and the price and value that suits the Indian pocket,’ HUL CEO Rohit Jawa said.
Physics Wallah appoints Blinkit’s Amit Sachdeva as CFO
Amit Sachdeva is a Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Public Accountant in the USA.
Godrej Industries reports 229% rise in profit to Rs 288 crore in Q2 FY 25
The Godrej Consumer Product Limited (GCPL) registered consolidated sales of Rs 3,647 crore and the EBITDA grew by 8 percent year-on-year
CAIT sounds alarm on quick commerce’s impact on kirana stores
CAIT said that Zepo, Blinkit, and Instamart have received a massive FDI inflow of more than Rs 54,000 crore to control logistics, warehouses, inventory, and delivery systems