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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Punjab-based maker of the popular Lahori Zeera is not even a decade old, but its numbers are better than much older rivals. What’s the story?
If instant success was a recipe, Lahori would be its poster child.
If you aren’t familiar with this company, and its beverage called Lahori Zeera, let’s get you up to speed. The Punjab-based brand was founded in 2017 by three cousins—Saurabh Munjal, Nikhil Doda and Saurabh Bhutna. In less than eight years, Archian Foods Pvt. Ltd, which manufactures drinks under the Lahori brand, had a top line of Rs 312 crore ($35.8 million) in 2023-24, with a net profit of Rs 22 crore ($2.5 million). It has been a steady increase over the years, with revenue rising to Rs 211 …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.
After 15 years, more than $550 million in funding and over $200 million in revenue, the cloud kitchen startup must find a way to make a profit and go public. Grover is the man Rebel has chosen for the job.
