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Growth of e-commerce in the grocery segment is “irreversible” but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing faster than the urban markets and would sustain depending on…
India’s CPI has been above the RBI-mandated 2-6% for 8 out of the 9 previous prints. Rising inflation predated the lockdowns and supply distortions. However, inflation continues to remain high despite weak economic activity. Mint explores. India’s Consumer Price Inflation has been above the RBI-mandated 2-6% for 8 out of…
Strong demand online for food and grocery during Diwali affirms the post-pandemic growth of this category In Indian e-commerce, the Diwali shopping sale is the most important period of the year, the equivalent of the Black Friday sale. Since 2014, every year, Amazon and Flipkart, which together dominate the e-commerce…
Apis India Restricted is a fast-growing FMCG firm in India with its third technology of entrepreneurs working on the helm. The corporate traces its roots again to 1924 in Delhi when it was arrange as a buying and selling agency for spices and honey. The corporate step by step migrated…
Introduction Humans consume energy outside of traditional meals which are breakfast, lunch and dinner. As there is no congruence term for snack, it is indecisive whether those extra eating occasions constitute supplementary meals or snacks. The demeanour in which an eating occasion is labelled (i.e., a snack or a meal)…
Jumbotail will use the funds to scale its core B2B marketplace to new geographies across India, expand its network of B2C home delivery product named J24 stores, and to grow its private label product portfolio Jumbotail, an online wholesale marketplace for food and grocery products, has raised $11 million in…