Bengaluru-based meat and seafood startup Licious, backed by Temasek, has made a strategic move to acquire My Chicken and More for Rs 150-200 crore, enhancing its offline presence in the competitive meat market. This acquisition is a key part of Licious’s strategy to tap into the growing customer base that prefers physical stores.
Category: Brand Marketing
CCPA directs Ola to offer consumer choice in refund mode and enhance transparency
New consumer-centric changes include the option of refunds via bank accounts or coupons and improved transparency in Auto ride invoicing.
Unilever exits from Russia; sells its Russian business to local manufacturer
The company has yet not disclosed the selling value of the business.
Breaking: Rainmaker Consults bags Jamba’s media and creative mandate
The American quick-service restaurant debuted in the Indian market this week. Rainmaker Consults services brands like ITC, Courtyard by Marriott, Neuma and One8 Commune.
Top brands misses out $3.5 trillion on brand value; automotive sector dominates the market, reveals Interbrand report
Nvidia, Pandora, Range Rover and Jordan are the new entrants in the list while Jordan is the first personality brand to make it to the list.
News18 Green Ribbon Champions 2024 Celebrates India’s Environmental Visionaries
This year’s event highlighted critical discussions on India’s environmental strategy, showcasing its role as a climate leader in the global South through contributions from experts like Akhilesh Singh (NTPC), Hisham Mundol (Environmental Defense Fund), and Saurabh Kumar (Global Energy Alliance for People and Planet).
Samsung and Apple lead India’s festive smartphone sales surge
The first wave of the 2024 festive season saw smartphone sales hit $3 billion, with deep discounts and aggressive marketing strategies propelling Samsung and Apple to the forefront of consumer demand.
Mamaearth partners with Meesho to expand reach in Tier 3 and beyond markets
The collaboration aims to boost accessibility of premium, natural personal care products in underserved regions, targeting a significant growth trajectory over the next year.
SpiceJet and aircraft leasing company Babcock & Brown settle over Rs 1,100 crore dispute
The settlement comes close on the heels of SpiceJet’s successful resolution of a dispute with Engine Lease Finance Corporation (ELFC) on September 24, which had claimed $16.7 million
Spending propensity in urban India increases to 117.37; reaches highest post-COVID
24% of urban Indian agreed that they have more savings today than a year ago while 21% intend to splurge during Diwali.