🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Can ITC Foods replicate its Aashirvaad success?
Livemint
·
1m ago
Medial
ITC Foods is strategically extending its successful Aashirvaad brand into new categories while acquiring premium brands. Despite the competitive market, ITC aims to replicate the success of Aashirvaad atta, which significantly contributed to non-cigarette FMCG sales reaching nearly ₹22,000 crore in FY25. Historically, ITC has built few large-scale food brands, with Aashirvaad, Sunfeast, and Bingo leading its portfolio. The company's challenge lies in building and acquiring brands to match their high revenue figures.
View Source
1
Related News
A Case Study on ITC, From Cigarettes to Diversification
Internet
·
1y ago
Medial
ITC Limited, initially a tobacco company, has diversified into sectors like FMCG, agri-business, hospitality, and IT. It operates brands such as Aashirvaad, Sunfeast, and ITC Hotels. ITC emphasizes sustainability through initiatives in agriculture, environmentally conscious manufacturing, and community development. Its strategic diversification and sustainability efforts have earned it numerous accolades, establishing it as a leading Indian conglomerate.
View Source
ITC to buy firms behind frozen food brands Prasuma, Meatigo to beef up portfolio
VCCircle
·
6m ago
Medial
ITC Ltd plans to acquire frozen food companies Ample Foods Pvt. Ltd and Meat and Spice Pvt. Ltd, aiming to enhance its product portfolio in the rapidly growing frozen and ready-to-cook food market. With a strategic investment of Rs 187 crore, ITC will initially acquire 43.8% of Ample Foods by March 2027 and fully acquire both companies by June 2028. This move aligns with ITC’s strategy to capture emerging consumer demands and strengthen its market presence.
View Source
India's ITC to invest Rs 1,500Cr in Madhya Pradesh; to provide 5,000 jobs
IndianStartupNews
·
1y ago
Medial
Indian conglomerate ITC Limited plans to invest ₹1,500 crore (about $181 million) in Madhya Pradesh to establish an integrated food manufacturing and logistics unit as well as a sustainable packaging products manufacturing facility in Sehore. The projects, spanning nearly 57 acres, will focus on manufacturing ITC's products, including Aashirvaad atta, Sunfeast biscuits, and 'YiPPee!' noodles. Additionally, the moulded fibre products facility will promote sustainable packaging. The investment is expected to generate employment opportunities for around 5,000 people.
View Source
ITC to buy 24 Mantra Organic for Rs472.5 crore to power its healthy foods portfolio
Business Today
·
3m ago
Medial
ITC Limited acquired 24 Mantra Organic from Sresta Natural Bioproducts for Rs472.5 crore. The acquisition aims to enhance ITC's healthy foods portfolio by leveraging SNBPL's sourcing network and backend capabilities, complementing ITC's existing packaged foods offerings.
View Source
Grapevine: ITC, Orkla, Gland Pharma, and Warburg Pincus in news
VCCircle
·
5m ago
Medial
Diversified conglomerate ITC Ltd is reportedly in early negotiations with Norway’s Orkla ASA to acquire its Indian businesses, MTR Foods and Eastern Condiments, for approximately $1.4 billion. This potential acquisition signifies a change in Orkla’s initial plan to publicly list its Indian operations. These developments reflect strategic moves within the food and condiments sector, potentially impacting market dynamics and business growth strategies for both ITC and Orkla within the region.
View Source
Brazilian payment company Ebanx set to start India operations with Yes Bank
Economic Times
·
1y ago
Medial
Brazilian payments company Ebanx is teaming up with Yes Bank to offer cross-border merchant payments in India. Ebanx will provide payments infrastructure for global brands looking to sell to Indian consumers, who can pay in their local currency using local payment methods including Unified Payments Interface (UPI) and RuPay cards. Ebanx, which has raised over $400m in funding, plans to replicate its success in Brazil's instant payment platform Pix by leveraging India's UPI settlement system. The company aims to expand its operations in India with the support of its experience in other developing markets.
View Source
Lenskart VS TitanEyePlus: How Lenskart Disrupted Titan's Eyewear Empire
StartupTalky
·
1y ago
Medial
Lenskart, a startup, disrupted the Indian eyewear market dominated by local opticians and the established player, Titan EyePlus. Lenskart's success can be attributed to its innovative approach, online retail presence, omnichannel strategy, affordability, technological investments, trendy designs, and customer-centric marketing. In contrast, Titan EyePlus struggled to adapt to the digital wave and replicate its retail model. Today, Lenskart is the leader in the market, while Titan EyePlus remains a significant player. This story emphasizes the importance of adapting to change, embracing technology, understanding customer needs, and investing in brand building.
View Source
UPI to enter North America, other Middle-Eastern countries soon: NIPL CEO Ritesh Shukla
Money Control
·
2y ago
Medial
Ritesh Shukla, CEO of National Payments Corporation of India (NPCI), stated that Unified Payments Interface (UPI) will soon expand its services to North America and other Middle Eastern countries. UPI, a popular digital payment system in India, aims to replicate its success and provide convenient and secure payment options to users in these regions. NPCI is working on partnerships to facilitate UPI's global expansion.
View Source
MNCs on a stake selling spree in India to generate cash, reduce financial burden
Livemint
·
1y ago
Medial
Multinational companies (MNCs) are selling stakes in their Indian businesses due to high market valuations. Conagra Brands sold its stake in Agro Tech Foods, British American Tobacco (BAT) plans to sell part of its stake in ITC, and Sumitomo Wiring Systems sold a stake in Samvardhana Motherson International. Other recent transactions include Whirlpool's stake sale in its Indian arm and Fairfax's stake sale in Thomas Cook India. These sales aim to generate funds for debt repayment and to improve balance sheets amid uncertain macroeconomic conditions and high interest rates.
View Source
Xiaomi's Tesla Y rival YU7 hits showrooms in Beijing
Economic Times
·
2m ago
Medial
Xiaomi has unveiled its YU7 sports utility vehicle in Beijing, challenging Tesla in China's auto market. Orders commence in July. Despite new EV order declines due to controversies, Xiaomi aims to replicate its SU7 sedan's success. The YU7, priced competitively, could threaten Tesla's Model Y. Visitors appreciate its styling and integration with Xiaomi's gadgets. Analysts predict it could significantly impact sales, with projections of shipping 100,000 units this year.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
