ZFW Hospitality, a hyperlocal expansion platform for F & B & D2C brands, is entering Mumbai with over 50 dark kitchens & fulfillment centers for brands to expand in the western region.ZFW, which already partners with leading brands, has established a strong presence in Delhi-NCR with over 35 plus fulfillment centers. This expansion will help the platform scale up to the 100-store mark by August, before its Bangalore launch.Commenting on the development, Madhav Kasturia, Founder of ZFW said, "Mumbai is a very strategic move for us, as it's the third-largest market in India for Food Delivery & Hyperlocal E-commerce after Delhi & Bangalore. Most brands on their expansion trajectory prefer to cover the major metros as their first milestones before scaling to Tier-2s & Tier-3s as these are easy-to-access markets. We've been very selective in choosing the brands we support & currently have several on the waitlist for the Q3 cohort."As part of its ...
Kitchen appliances maker TTK Prestige on Tuesday said it has concluded a long-term settlement covering all its workmen at the manufacturing unit in Gujarat
Institutional portion garners 8x, HNI subscribed 33 times, while retail quota saw 26x subscription
The company is looking to raise Rs 95 crore through the IPO. The issue also comprises of secondary share sale worth Rs 318 crore
The company says demand across categories is robust, many of its stores are out of stock and that the firm able to meet neither domestic nor export requirements
Demand continues to surge though localised lockdowns remain a hurdle
With home becoming the be-all and end-all of existence, consumer spends are focussed on upgrades and renovation, acquiring appliances and wellness gadgets, cookware and serve ware
Besides, TTK Prestige has plans to expand its distribution network further and expects higher sales from fast-growing online channels.
Yes, a model perfected by the transport and freight industry is gaining popularity in the eat-in business
A handwritten Persian manuscript with recipes by Shah Jahan's cooks, preserved in the British Library, has been translated by scholar Salma Yusuf Husain and published by Roli Books recently