News

Enterprise skilling company Disprz raises $30 mn to expand footprint Enterprise skilling company Disprz on Monday said it has raised $30 million in its Series C funding round led by Lumos Capital Group and 360 ONE Asset  (IIFL). The round also saw participation from Kae Capital, KOIS and Dallas Venture Capital. The funds, said the firm, will be utilised for global market expansion and product development, including the integration of Generative AI across the learning and skilling cycle. “We have built one of the world’s early skill-based...
Enterprise skilling company Disprz raises $30 mn to expand footprint
Enterprise skilling company Disprz raises $30 mn to expand footprint
Source: IANS
7/08/2023 10:47:56 AM
Analysis-Starbucks brews up cheaper India drinks as domestic rivals expand Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in one of its fastest-growing markets. Among the first foreign coffee brands to enter tea-loving India, the U.S. giant has taken almost 11 years to open 343 stores, in contrast with private equity-backed chains Third Wave and Blue Tokai that opened about 150 in the last three years. "As you grow ...
Analysis-Starbucks brews up cheaper India drinks as domestic rivals expand
Analysis-Starbucks brews up cheaper India drinks as domestic rivals expand
Source: Reuters
7/06/2023 11:55:26 AM
Darwinbox, Microsoft join hands to elevate employee experience HR tech unicorn Darwinbox and Microsoft on Tuesday announced a collaboration to empower organisations globally and redefine the future of work. DarwinBox also received investments from Microsoft as a strategic investor for an undisclosed sum. Darwinbox aims to elevate employee experience through its human capital management (HCM) software-as-a-service (SaaS) platform using Microsoft Azure Cloud and AI. "As we align on the joint vision of helping our customers unlock new levels o...
Darwinbox, Microsoft join hands to elevate employee experience
Darwinbox, Microsoft join hands to elevate employee experience
Source: IANS
17/01/2023 11:15:36 AM
Cred introduces `Scan & Pay` feature for UPI payments Credit card bill payment platform Cred on Saturday launched 'Scan & pay', a UPI payment experience for members on the app. The members can make UPI payments from their bank accounts linked to the CRED app, by scanning any QR code. "The all-new Cred pay experience builds on top of this with privacy-first features, personalisation and other member exclusives," said Kunal Shah, Founder, Cred. The company said that every Scan & Pay' payment is protected and ...
Cred introduces `Scan & Pay` feature for UPI payments
Cred introduces `Scan & Pay` feature for UPI payments
Source: IANS
2/10/2022 12:04:29 PM
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly Laxman Narasimhan, the CEO of Dettol disinfectant maker Reckitt Benckiser, has abruptly announced his resignation in order to take up a new job in the US, surprising investors after a relatively brief three-year stint at the top of the FTSE 100 company, media reports said. Narasimhan will step down as the CEO on September 30, despite being partway through a turnaround plan he had launched after joining in September 2019, The Guardian reported. Shares in the Slough-based company, whose b...
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly
Source: Reuters
2/09/2022 9:12:17 AM
A vegan food menu Tata Starbucks has announced the launch of an entirely new vegan product line in India. Starbucks is introducing three new vegan food items this month: Vegan Sausage Croissant Roll, Vegan Hummus Kebab Wrap, and Vegan Croissant Bun. This lineup was created in collaboration with Imagine Meats, a local plant-based food venture founded by celebrity couple Riteish and Genelia Deshmukh. Customers now have more vegan options, in addition to Starbucks' existing beverage customisation options w...
A vegan food menu
A vegan food menu
Source: IANS
15/06/2022 4:33:14 PM
Sabyasachi X Starbucks collection launches across India Tata Starbucks and celebrated Indian designer and couturier Sabyasachi Mukherjee have collaborated on a limited-edition collection available only in India. The Sabyasachi + Starbucks� collection includes ceramic mugs and stainless-steel tumblers as well as other lifestyle drinkware. The Sabyasachi X Starbucks collection exemplifies an Indian art concept rooted in its multi-cultural heritage and celebrating the power of cross-cultural storytelling. Sabyasachi's signature interpretation ...
Sabyasachi X Starbucks collection launches across India
Sabyasachi X Starbucks collection launches across India
Source: IANS
19/04/2022 9:19:49 AM
McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia Several consumer giants including McDonald's, Coca-Cola, Starbucks and PepsiCo have shut their restaurants and paused business in Russia due to its invasion of Ukraine. Other well-known Western food giants such as KFC and Burger King were also reportedly stopping sales in Russia. McDonald's said it was temporarily closing its roughly 850 restaurants in Russia, while Starbucks also said its 100 coffee shops would shut, reports the BBC. In a letter to McDonald's employees a...
McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia
McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia
Source: IANS
10/03/2022 9:05:12 AM
Starbucks exits to let partner run South Korea venture valued at over $2 billion SEOUL - Starbucks Corp is exiting its joint venture in South Korea, seen valued at over $2 billion, by selling a part of its stake to local partner E-Mart Inc and the rest to Singapore's sovereign wealth fund, GIC. E-Mart, one of the largest retailers in South Korea that currently owns half the JV, will buy an additional 17.5% stake in Starbucks Coffee Korea for $411 million, it said in a filing on Tuesday. It will continue to operate the Starbucks stores. GIC will own the remaini...
Starbucks exits to let partner run South Korea venture valued at over $2 billion
Starbucks exits to let partner run South Korea venture valued at over $2 billion
Source: Reuters
27/07/2021 3:40:12 PM
Starbucks set to brew record second-quarter revenue as vaccinations rise After a year of declining sales, Starbucks Corp on Tuesday is expected to report record second-quarter revenue of over $6.8 billion, as speedy vaccinations in the United States and China make customers more comfortable with returning to their morning coffee runs. The world's largest coffee chain was plagued in 2020 by falling store traffic, as rising infections and the closure of most offices prompted many to start making coffee at home. "Not everyone's gone back to work, b...
Starbucks set to brew record second-quarter revenue as vaccinations rise
Starbucks set to brew record second-quarter revenue as vaccinations rise
Source: Reuters
27/04/2021 11:29:45 AM
Starbucks collaborates with the The Label Life A limited edition merchandise collection in collaboration with the lifestyle brand, The Label Life, has been launched by Starbucks India. The exclusive merchandise collection titled 'The Starbucks India Optimist Series', features an assortment of drinkware and lifestyle accessories like mugs, notebooks and pouches with a message -- "Here's to Joy", bringing coffee lovers an uplifting experience daily. Designed by The Label Life, the chic collection is inspired by the ...
Starbucks collaborates with the The Label Life
Starbucks collaborates with the The Label Life
Source: IANS
17/02/2021 11:38:06 AM