Sunday, October 5, 2025

D2C startups in big FMCG bag, but still shy of gains

Hindustan Unilever, ITC, Marico, and Emami, among others, have either acquired or taken controlling stakes in at least a dozen digital-first brands over the past five years. Though sales accelerated for the acquired startups, they continue to incur losses.

from Tech-Economic Times https://ift.tt/9NAfboE

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Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trial

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