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Orkla Health adds supplement subscription model in NutraQ buy


Norway supplement specialists Orkla Health are to acquire fellow Nordic nutrition firm NutraQ for €307m (NOK 3.1 bn) in a deal that adds a subscription-based model to its nutritional offerings.
The deal is the latest purchase by the firm in their quest to bolster their presence in the health and beauty sector following the acquisition of sports nutrition brand Proteinfabrikken (Protein Factory) in January.
“With the acquisition of NutraQ, Orkla is taking a new, important step into a growing health and wellness market,”​ says Orkla President and CEO Jaan Ivar Semlitsch.
“I am impressed by how NutraQ has adopted subscription solutions to reach consumers directly in their own homes. NutraQ’s concepts and brands will offer Orkla exciting growth opportunities. ​ ....

Jaan Ivar Semlitsch , Hege Holter Brekke , Sports Nutrition Group , Orkla Health , Men Health , Oslo Skin Lab , Protein Factory , Orkla President , Orkla Care , Solution Beauty , Essential Skin Nutrition , Captain Kombucha , Subscription Business Model , விளையாட்டு ஊட்டச்சத்து குழு , ஆண்கள் ஆரோக்கியம் , ஒசிலோ தோல் ஆய்வகம் , ப்ரோடீந் தொழிற்சாலை , தீர்வு அழகு , அவசியம் தோல் ஊட்டச்சத்து , கேப்டன் கொம்புச , சந்தா வணிக மாதிரி ,

Anupam Rasayan IPO subscribed 1.29 times on first day


The initial public offer of speciality chemicals company Anupam Rasayan India Limited was subscribed 1.29 times on the first day of subscription on Friday.
The Rs 760-crore public issue received bids for 1,25,08,209 shares against 97,01,809 shares on offer, according to NSE data.
The category for non-institutional investors was subscribed 9 per cent and those for retail individual investors (RIIs) 2.58 times.
Price range for the offer, which would close on Tuesday, has been fixed at Rs 553-555 per share.
Anupam Rasayan had on Wednesday raised Rs 225 crore from anchor investors.
The initial public offer (IPO) is an entirely fresh issuance of equity shares and proceeds of the issue would be mainly used to pay the debt. ....

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Swiggy revamps 'Super' premium subscription service


Food delivery platform Swiggy on Wednesday announced the revamp of its SUPER subscription service in a bid to deliver greater value to more users.
As part of the revamp, Swiggy SUPER will offer three different plans with progressively greater benefits including buy one get one offers from participating restaurants.
Swiggy said that the new version of the subscription service has been carefully crafted after analysing the orders placed, the frequency of orders, and the purchasing power of consumers.
Consumers can now choose from one of three plans based on their usage and preferences.
The Binge plan provides unlimited free deliveries and unlimited buy one get one (BOGO) offers on dishes from partner restaurants at a price of Rs 329 per month. ....

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Board of Aditya Birla Fashion & Retail approves partnership with 'Tarun Tahiliani' Brand


At meeting held on 24 February 2021The Board of Aditya Birla Fashion & Retail at its meeting held on 24 February 2021 approved a
strategic partnership with the brand Tarun Tahiliani for its current couture business, as well as launch of a
new line of affordable premium men s ethnic wear.
The said partnership is being executed through:
(1) Acquisition of 33.5% stake in Goodview Properties (GPPL) (current business) by way of entering
into a Share Purchase and Subscription agreement (SPSA) along with a Shareholders Agreement
(SHA). The current couture business under the brand Tarun Tahiliani will be run within this entity, which
was erstwhile residing in the entity named Tahiliani Design Private (TDPL). As a part of the ....

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Bakedin on track to achieve carbon neutral aim


Bakedin on track to achieve carbon neutral aim
Working with Ecologi means we can continue to bring people happiness in their Bakedin boxes while also minimising our impact on the environment. - Joseph Munn
The UK subscription baking business has taken another step towards its mission to become a climate positive company by partnering with Ecologi, planting a tree for every order placed.
The duo have already planted more than 18,000 trees across Ecologi’s global reforestation projects – which supports the Gold Standard for businesses and consumers under the 2030 Sustainable Development Goal agenda.
The collaboration with Ecologi builds on Bakedin’s existing environmental commitments, which includes a fully sustainable supply chain, introducing an electric vehicle programme and switching to recyclable packaging. It has also signed up to offset each of its employee’s personal carbon footprints by funding climate change solutions. ....

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