Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, Instafab Plus's Exciting Collaboration with Varun Sharma and more!
Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, Instafab Plus's Exciting Collaboration with Varun Sharma and more!
In our thirty-third D2C Insider edition, explore Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, Godrej Interio’s Sustainable Surge, Atomberg's Latest Milestone and more!
Hello and welcome to the world of D2C Insider, your weekly dose of insights, news, and trends from the direct-to-consumer space in India and beyond. In D2C Insider Digest’s thirty-third. edition you'll see:
Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore
Wingreens Farms, a Gurugram-based packaged foods brand, witnessed a significant 50% increase in operating revenue during FY23, crossing the Rs 300 crore mark. However, the company’s net loss nearly doubled, reaching Rs 180 crore. Rising expenses, including marketing costs, contributed to this financial strain. Wingreens Farms is now raising $10 million in funding and aims to achieve profitability at the Ebitda level. Exciting times lie ahead for this dynamic brand!
Godrej Interio’s Sustainable Surge: A Green Revolution in Indian Retail Furniture
Godrej Interio is leading a green revolution in Indian furniture retail, aiming for 42% of FY24 revenues from eco-friendly products. They focus on a local supply chain, with 94% local value addition, and train suppliers on green practices. The 'Beyond Sourcing' program and 'Green Assured' logo guide customers to environmentally friendly choices. Innovative chair designs reduce material usage while maintaining performance.
Aditya Agarwal on Instafab Plus's Exciting Collaboration with Varun Sharma
We at Instafab Plus are excited to announce our collaboration with actor Varun Sharma, a perfect embodiment of our brand's ethos. Our mission at Instafab is to challenge conventional fashion norms and cater to the diverse body types of Indian consumers.
Key Highlights:
Stay tuned for more exciting developments from Instafab Plus!
Atomberg's Latest Milestone with Atom and Berg
Atomberg, known for its innovative home appliances, announces a new phase in its journey alongside its iconic mascots, Atom and Berg. Now grown up, these characters symbolize Atomberg's significant growth and evolution over the years.
With the return of Atom and Berg, Atomberg reaffirms its commitment to redefining the fan industry. The new commercial is a testament to the brand's dedication to quality and innovation.
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Available job opportunities
Bollywood actor Ranveer Singh has recently invested in the consumer electronics brand boAt. As part of this strategic move, he has become a key stakeholder in the company’s future. Additionally, Ranveer Singh has been signed on as the official face of boAt’s audio products and will play a prominent role in their upcoming campaign titled 'Lost in Nirvana’
🔮 Highstreets to Highways: Redefining the Future of Retail
Kicked off Elevate Super 30: 🚀 We have officially kicked off Elevate Super 30! Say hello to the incredible founders of Cohort 1, ready to embark on this exciting journey with us!
Excitement, enthusiasm, eagerness to learn, and a vibrant exchange of wisdom - all this awaits as we dive into our first set of masterclasses starting tomorrow!
Keep an eye on our page for weekly updates and more thrilling insights!
D2C INSIDER CXO MEETS: We are hosting a cxo meet event in Chennai, Hyderabad, and Kochi on 10th Feb, 17th Feb, and 24th Feb respectively which will be a casual networking meetup for D2C founders from these cities to meet each other and lay down the charter of the city for the next 6 months. If you think your city deserves its own D2C ecosystem, join hands to lead the wave!
D2C Insider Super Angels Fund: Introducing the Early Super Angels of D2C Insider Super Angels Fund – India's first operator-led consumer fund backed by top founders from the D2C space in India!
If you are a startup founder seeking relevant and strategic capital, fastrack your success with the D2C Insider Super Angels Fund!
If you are an angel investor looking for exclusive investment opportunities, the D2C Insider Super Angels Fund is for you!
Stay tuned for more updates and future events. Let's keep taking your D2C business to new heights
Until then, keep rocking the D2C world! 🚀