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KITCHEN SPACE ACQUISITIONS
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- Peak XV-backed HomeLane plans India IPO within two years to fuel expansionHomeLane, an Indian home interiors platform, is planning an IPO within 12 to 24 months to fund expansion into new cities and adjacent furni...
- Borosil Group expects to cross Rs 7,000-cr revenue in 4 yearsBorosil aims to double its revenue to Rs 7,000 crore in four years, driven by growth in sectors like glassware, laboratory equipment, and s...
- Swiggy sells cloud kitchen business to Kitchens@Kitchens@ said that after the acquisition, its combined gross merchandise value would be about $65 million, and the company plans to increa...
- E-commerce aggregator Evenflow’s arm eyes 10x sales growth in 18 monthsEvenflow acquired Rusabl in 2021, its second acquisition last year, for an undisclosed amount.
- TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions"Idea is to get into the kitchen modular space, which is a very adjacent category to what we are doing and it's part of our vision document...
- TTK Prestige acquires 40% stake in Ultrafresh Modular SolutionsThe acquisition is in line with TTK Prestige's overall goal of becoming a total kitchen solutions brand. Ultrafresh Modular Solutions will ...
- Asian Paints' new acquisitions unlikely to add colour to its business soonNine years ago, the decorative paints market leader made an entry into modular kitchens through acquisition of Sleek Kitchen and a year lat...
- Consumer internet companies strike record number of deals this yearIndustry executives said they expect the momentum to continue, with high growth forecast across consumer-facing companies.
- Investors line up for cloud kitchens, online food delivery brandsHygiene BigBite — a cloud kitchen backed by Serial entrepreneur K Ganesh — has raised $15 million from Falcon Edge. Last week, its larger p...
- Exclusive: Thrasio eyes India entry, in talks to acquire Lifelong OnlineThe US-based company has lined up about $500 million for the Indian market
- Le Marche to expand dark stores, online verticals: CEO Amit DuttaLe Marche began accelerating online deliveries only last year after the pandemic-induced lockdowns and in response to increasing adoption o...
- Foodpanda acquires cloud kitchen HolachefThe buy marks food delivery firm’s entry into cloud kitchen space.
- Four companies in bag, CureFit is ready to runOnline health and fitness platform has also invested in online psychotherapy platform Seraniti.
- Plan to foray into fresh food, packaged snacks by 2017: Anuj Rakyan, founder, Raw PresseryRakyan said the three-year-old startup is streamlining the back end, working with farmers in planning harvests and forecasting demand.
- Zimmber buys FindYahan in cash-and-stock dealThe acquisition will see most of the FindYahan team, including its two founders — Rachit Mathur and Snehal Khanor — join Zimmber.
- Hello Curry acquires Paratha Post, hungry for moreThe company will retain some 20 staff members of the newly acquired firm with latter's CEO Mukesh Lamba heading Hello Curry’s entry into De...
- Murali Sivaraman of Philips aims to make India export hub for kitchen devicesMurali Sivaraman acknowledges the currency and economic challenges, but says they don’t keep him up at night.
- Asian Paints to acquire Sleek Group; foray into kitchen spaceAsian Paints today said it will acquire 51 per cent stake in Sleek Group, an organised player in the modern kitchen space.
- Coffee Day may buy logistics companyA strong buzz is that the Rs 630-crore logistics company Gati is Coffee Day's target, but Gati categorically denied it's up for acquisition.
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