fmcg

From sugary delights such as fruit drinks and cold coffee to salty ones such as buttermilk and jaljeera, Indians have options aplenty to beat the heat in summers. But as you find ways to stay spirited in the sweltering heat, spare a moment to check the nutrition label of the next tetra pack or bottle you’re ready to gulp. Several packaged beverages popular during summers have worrying sugar and salt levels, a Mint analysis of 27 products across seven categories found. Take orange…

After starting a distribution price war last year, Reliance Industries’ online wholesale format JioMart has laid off more than 1,000 employees as it aligns its operations with the recently acquired Metro Cash and Carry.This is part of a larger cost-cutting measure over the next few weeks which will include reducing the 15,000 workforce in the wholesale division by two-thirds, three officials privy to the development told ET.“The company has asked over 1,000 people on ground including 500 executives at its corporate office…

FMCG and retail platform Soptle has raised $1 million in funding led by Kube VC and We Founder Circle, along with participation from Iceland Venture Studio (IVS), Nyra Ventures and founders of Dunzo, Jar, Bijak, 888VC and managing partner of Rocketship.vc. Existing investors – Kube VC and Dunzo founder Ankur Agarwal –also participated in the round.The funding will aid Soptle’s expansion of the retailer-network reach and manufacturing-partner footprint across India, with new product offerings and technology enhancement.…

An Instagram influencer has received a legal notice for flagging the alleged negative impact of a health drink. He was pushed to withdraw the post,…

Electric vehicle fleet provider BluWheelz said it plans to invest up to USD 15 million (about Rs 120 crore) in one year to deploy around 10,000 electric two-wheelers and three-wheelers for last-mile delivery. The company, which launched its EV fleet as a service (EFaS) operations on Tuesday, will initially own the fleet vehicles and provide services to e-commerce, e-grocery, FMCG, logistics, and D2C (direct-to-consumer) companies. It will also hire around 11,000 people, mostly as delivery partners, BluWheelz Founder…