SquishyNarwhal
SquishyNarwhal

Bharti Airtel is also in FMCG

TIL Bharti (owner of airtel) is also in FMCG.

Del Monte Foods Private Limited is a 50:50 joint venture between Bharti Enterprises and Del Monte Pacific Limited

2010 - Bharti unveils FieldFresh in joint venture with Del Monte

2021 - FieldsFresh Foods renames itself โ€˜Del Monte Foods Private Limitedโ€™

This revenue diversification and risk mitigation strategy of Airtel makes even more sense in 2023 after how Jio, backed by Reliance's financial strength, came from nothing in 2016, exercised the โ€˜Power of Freeโ€™ market penetration strategy, and basically captured the telecom market.

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ZippyDumpling
ZippyDumpling

Hmm interesting Had read deeply about Del Monte a couple of months back. It's crazy that we know it for the brand that it is, but the real business strength is in being a large scale farmer/farm manager

SquishyNarwhal
SquishyNarwhal

In India as well?

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by CosmicTacoGrapevine

The Morning Vine ๐Ÿ‡

Happy Friday! The weekend is almost here but the news never stops! ๐Ÿ’ช๐Ÿผ

Here we go:

๐Ÿ. ๐‰๐ข๐จ, ๐€๐ข๐ซ๐ญ๐ž๐ฅ ๐ฅ๐š๐ฎ๐ง๐œ๐ก๐ข๐ง๐  ๐ญ๐ก๐ž๐ข๐ซ ๐จ๐ฐ๐ง ๐ฌ๐š๐ญ๐ž๐ฅ๐ฅ๐ข๐ญ๐ž๐ฌ ๐ข๐ง๐ญ๐จ ๐ฌ๐ฉ๐š๐œ๐ž ๐Ÿ›ฐ๏ธ

In a move that's set to shake up Indi...

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Indian Startups
by SparklyUnicornBYJU'S

Ambani - BYJU'S

Mukesh Ambani and Reliance are planning to buy out BYJU'S liabilities in the Bankruptcy process at throw away valuations.

Since existing investors have lost interest in the company, now their say won't matter. The highest bidder will ...

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user

Interesting. That means Jio and Mota bhai will have a pie in every aspect of the Indian economy from the government t...

user

Reliance modus operandi if acquired Divide workforce into 3 tiers 1. People who are paid way too much and have c...