Nov 22, 2016 - Make sugary drinks costly, unaffordable

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from TradeBriefs FMCG Daily Newsletter

Sree Vijaykumar

From the Editor's Desk
It is important for startups to understand how VCs measure their success. Venture Capitalists are incentivized to bring in portfolio companies that can boost their portfolio IRR quickly. This helps them raise their next fund. This is what keeps investors in business - raising fund after fund. VCs mark up portfolio companies when they raise money at higher valuations, and these mark ups get factored into IRR. Company progress on KPIs, including revenue, typically do NOT get factored into IRR. More here

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The end of an era: MDH man Dharampal Gulati was FMCG sector's highest-paid CEO

Popularly known as "Spice King", Gulati was born (1923) and raised in Sialkot, Pakistan.

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Marico makes foray into plant protein category

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Sunil D'Souza, MD and CEO at Tata Consumer refused to comment on whether his company was in talks to buy online grocer Big Basket.Get latest Business online at cnbctv18.com

Trust, empathy as important as profits: Nestle India chairman Suresh Narayanan

“Leadership, specially in these trying times, is about trusting the self; it is only with high performing cultures that one creates a high performing company,” he said.

The FMCG fix for ITC's smoking habit

ITC wants to 8X its FMCG revenue by 2030. While it’s gaining on rivals, reaching its goal will be difficult—nearly half its revenue is from cigarettes

Consumer, retailer behaviors during pandemic show online and physical channels form a highly competitive, single retail market

A new report titled ‘Multichannel Retail and COVID-19′ by leading data and analytics company, GlobalData, (download: https://bit.ly/mcretail2) finds that shopping habits in the US and Europe shifted dramatically because of disruption caused by the pandemic, driving rapid adoption and growth in buy online, pick up in-store services. However, the findings reveal that transactions made through online channels (desktop and …

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