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QUICK COMMERCE IN PETCARE
Hobby to hustle: Six years ago, the pandemic and lockdowns sparked a wave of micro-entrepreneurs. Here’s how some built to lastIndia’s Covid-era “hobby economy” — spanning gardening, baking, fitness and pet care — has evolved into a ₹1.5-2 lakh cr market, though not...- Petcare startup Supertails raises $30 million led by Venturi PartnersPetcare startup Supertails has raised $30 million in a round led by Singapore-based investment firm Venturi Partners with participation fro...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
- Tata Electronics hits a wall at Dholera; Blinkit’s fresh fundingHappy Thursday! Tata Electronics ordered a major redesign of its Gujarat semiconductor plant's foundations. This and more in today’s ETtech...
- Blinkit's fresh fuel; Supertails eyes funding boostFor the third time this year, Blinkit's parent Eternal has stepped in to inject fresh funds into its quick commerce arm. This and more in t...
- Dhan’s funding nears close; BNPL gets regulated outHappy Thursday! Stock broking startup Dhan is poised to finalise its long-awaited funding round. This and more in today’s ETtech Morning Di...
- VCs smell a big opportunity as petcare expands beyond foodIndia's petcare market is booming, attracting investors. Nestle invested in Drools, making it a unicorn. Supertails and Heads Up For Tails ...
- India’s Gen Z, millennials drive Nestlé’s cold coffee boom, fuel double-digit growthNestlé India reported surging demand for its cold coffee products, particularly among Gen Z and millennial consumers, driving high double-d...
- Nestle India Q4 Results: Standalone profit falls 5% YoY to Rs 885 crore, revenue rises 4%Nestle India Q4 Results: Nestle India reported a 5.2% YoY decline in net profit to Rs 885 crore for the March quarter, though revenue rose ...
- Nestle India Q3 Results: Cons PAT rises 5% YoY to Rs 688 crore, dividend declared at Rs 14.25/shareNestle India Q3 Results: Nestle India reported a 5% YoY increase in net profit to Rs 688.01 crore for the December 2024 quarter, with reven...
- Sauce VC launches third fund eyeing a corpus of Rs 250 croreNew Delhi-based investment firm Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcar...
- Ecommerce in slow lane; PhonePe-BharatPe truceHappy Monday! Online sales haven’t picked up during the final quarter of FY24, industry officials said. This and more in today’s ETtech Mor...
- HUL, Tata Consumer and Nestle India's margins gain on premiumisation, cost cutsWhile volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through be...
- Tata Digital’s consolidation play; Paytm turns compliance-firstTata Digital also has plans to consolidate its various standalone apps, such as BigBasket, Tata 1mg, and Tata Cliq, under the Tata Neu app ...
- Winners of The ET Startup Awards 2023 to be feted today, and other top tech, startup stories this weekThe Economic Times Startup Awards, honoring Indian entrepreneurs, will take place in Bengaluru. The winners across eight categories were an...
- The harsh ‘reality’ facing real money gaming firms, and other top tech, startup stories this weekThe gaming industry in India is facing tax woes as the GST department issued pre-show cause notices to several cash flow-rich firms in the ...
- Pet care industry grows after pandemic; attracts FMCG companiesLast week, Nestle India entered into the segment by acquiring the pet foods business from its fellow subsidiary Purina Petcare India for Rs...
- New-age firms adopt pet-friendly policies to better retain talentPet insurance, telehealth services, pet adoption leaves, and wellness leaves are some of the initiatives companies have rolled out for empl...
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