Increasing geriatric population and rising prevalence of gut health-related disorders, as well as various cardiovascular and chronic diseases, diabetes, etc. have positively impacted sales of probiotic drinks.
The idea of going 'contactless' has brought a change in consumer mindset to explore new payment forms, and other factors like convenience, ease of use, and acceptance have provided the impetus to this adoption.
Going by the draft papers, the entire issue proceeds will be used for furthering the company's business by repayment of certain outstanding loans and meeting its incremental working capital requirements and other general corporate purposes.
Appario Retail, which sells goods across segments such as smartphones, electronics and other items, is a wholly-owned subsidiary of Frontizo Business Services, the JV unit of Amazon and the Patni Group.
Retail franchising is now a familiar mode of business operation for the last few years in India and across the world. It is a method of establishing a single store based on the name, trademark, branding, and products of an existing business.