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Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.
Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.
In the dynamic landscape of the Indian food and beverage (F&B) market, Paper Boat, a brand under Hector Beverages, has been a refreshing presence with its unique array of fruit-based drinks and snacks. Founded in 2010 by former Coca-Cola executives Neeraj Kakkar and Neeraj Biyani, the startup has garnered attention for its innovative products and nostalgia-infused marketing campaigns.
An influential demographic or psychographic is emerging in India – and it is affluent, urban and highly educated.
French cosmetics giant L’Oréal is investing an undisclosed amount in the India-focused fund of Singapore-based VC firm DSG Consumer Partners.