Previously, Abhimanyu Mathur led Mahindra Group as vice president – brand.
Month: October 2024
Nutraceuticals and ayurvedic products driving growth in the wellness sector: SwopStore
Popular products include multivitamins, protein supplements, and immunity boosters, particularly among younger consumers aged 18-24, stated SwopStore.
UPI transactions soar eightfold post-pandemic, crossing 500 million daily
UPI processes 15.04 billion transactions in September 2024, recording a 42% year-on-year growth.
Royal Enfield posts 77% growth in exports, sells 7,652 bikes in September
Domestically, the sales of Royal Enfield surged to 79,326 units in September 2024 as against 74,261 units in the same month last year
Return Rs 148 crore to insolvent Siti Networks, NCLT orders lenders
Asset Reconstruction Company (India) Ltd, one of the creditors, had filed a petition alleging certain other creditors had unlawfully withdrawn funds from Siti while a stay on the insolvency proceedings was in effect.
Rohan Malhotra, Managing Partner of Good Capital, passes away
Rohan Malhotra began as an intern at HSBC, quickly demonstrating his business acumen, and later served as an advisor at AngelList India. He co-founded Investopad, a startup incubator, before taking on the role of Managing Partner at Good Capital.
Mankind Pharma transfers OTC biz to subsidiary Mankind Consumer Products
Mankind’s Consumer Products arm has brands across categories including wellness, hygiene, and personal care, such as Manforce, HealthOK, Prega News, AcneStar, Unwanted and Gas-O-Fast.
Marico focuses on brand equity, prioritizes consumer franchise growth
According to the stock exchange filing, Parachute Coconut Oil posted close to mid-single-digit volume growth, partially impacted by ml-age reduction in one of the key price-point packs in lieu of a price increase
25 percent mobile consumers plan to spend over Rs 50,000 this festive season: Glance’s Festive Report
Glance’s festive report also stated that mobile remains the preferred shopping platform for Indian consumers, with 43 percent of respondents planning to make purchases a few times a week and 11 percent shopping daily.
52 percent consumers more open to online ads during holiday season: IAS report
85% are browsing through eCommerce and retail sites (Amazon, Flipkart, etc.). 55% are leveraging social platforms (Facebook Marketplace, etc.).