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Markets
Krispy Kreme closes $90M refranchising transaction with joint venture
<figure><div><img src="https://imgproxy.divecdn.com/fmzOPLK1J7SugZBAAw74MN5UhsHJS1NiCLLoakJ4N_k/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDA4NzM0ODk5LmpwZw==.webp"/></div></figure><p>The deal with WKS Restaurant Group, which included the sale of 23 company-owned units, is part of the chain’s shift to a capital-light portfolio.</p>
Growth
Starbucks, Domino’s, OpenTable
Get all the headlines in today’s Restaurant Daily podcast
Markets
Starbucks tests new ordering channels for licensed stores
<figure><div><img src="https://imgproxy.divecdn.com/SEVpfCjGmFd6iI6rzE4ZdigZFKk8c7V17J1faGkQiY4/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMTU3MTcxNjI5LmpwZw==.webp"/></div></figure><p>Kiosks and scheduled orders could be coming to Starbucks cafes in airports, as the chain looks to speed up operations at high-traffic licensed stores.</p>
Markets
Domino’s uses AI to improve Tracker pickup and delivery times
<figure><div><img src="https://imgproxy.divecdn.com/rauXegPqajxIUCkFgFWVa4tZL69twddvGNpJaFH0rpk/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9Eb21pbm9zX1RyYWNrZXIuanBn.webp"/></div></figure><p>The tracking engine combines inputs from team members with machine learning to offer more accurate time estimates.</p>
Growth
Coca-Cola spends $650M to expand Fairlife production
<figure><div><img src="https://imgproxy.divecdn.com/baYYzOLaJbpr-R76sefbCkic0HMprEonFYH14G6vtO8/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy05ODYzNTUzNTJfbm4xdXZZRC5qcGc=.webp"/></div></figure><p>The beverage giant is adding to a Michigan manufacturing plant as the dairy brand sees “significant growth.”</p>
Technology
Higher Platform Fees For The Same Service? Swiggy, Zomato Flex Pricing Power
Earlier this week, Bengaluru-based food delivery giant Swiggy increased its platform fees by approximately 17% to ₹17.58 (after taxes). The…
Markets
Food Delivery Is Expensive, And Rapido Wants It Fixed
After catering to select pockets of Bengaluru since June last year, Rapido formally announced the launch of Ownly, its standalone…
Growth
Ireland’s Kerten Enters India For Lifestyle Expansion
India’s expanding middle class and spending power is placing it at the center of global travel space. And hotel companies are now focusing on attracting Indians in their own country.
Markets
The price of a day’s work: Inside India’s smouldering industrial death traps
Fires are laying waste to factories, hotels, markets and informal units in slums across India, taking a heavy toll on workers and bringing economic activity in these areas to a halt. What can India do to put out these fires?
Markets
Accor CEO: Geopolitical Turmoil Isn’t Killing Travel, But Companies Need Agility
Accor’s CEO says travel demand is holding steady, but behaving differently. Shorter booking windows and rapid shifts between destinations are forcing hotel companies to stay agile.
Markets
The Recalibration: A CEO-to-CEO Letter on How to Think About the Rest of 2026
Six big assumptions broke in one quarter. The CEOs still running the January plan are sleepwalking into a margin trap.
Markets
Burma Burma Nets ₹38 Cr At ₹500 Cr Valuation
Mumbai-based restaurant and tea room chain Burma Burma has raised over ₹38 Cr (about $4 Mn) in a funding round…
Technology
Rs 38 crore fundraise in Burma Burma sees participation from Negen Capital
The company has reported annual recurring revenue exceeding Rs 200 crore, with revenue growing at approx. 50 percent CAGR over the last three years. For FY25, the business recorded outlet-level profitability of over 21 percent and EBITDA margin of around 8 percent. The company’s valuation has increased from Rs 150 crore to Rs 500 crore over the past three years, supported by expansion across metro markets and improving unit economics. The fresh capital will be used to support expansion into new
Markets
After Zomato, Swiggy hikes platform fee by 17 pc to Rs 17.58 per order
The latest hike in platform fees is set to make ordering food costlier for millions of users across the country. The increase in platform fees by Zomato and Swiggy comes at a time when crude oil prices are rising due to the West Asia conflict. Higher fuel costs are expected to drive up the cost of delivery operations.
Technology
Eternal, Swiggy shares rally 3% but HSBC just reduced target prices. Should you buy?
Eternal and Swiggy shares rose after platform fee hikes, despite HSBC cutting target prices due to rising competition in quick commerce. The brokerage maintained a Buy on Zomato but a Hold on Swiggy, warning that higher pricing—especially at Blinkit—could hur…
Markets
GRT Hotels & Resorts targets tier-2, tier-3 expansion with eight new properties in pipeline
GRT Hotels & Resorts, part of the diversified GRT Group, is set for a new phase of growth with eight upcoming properties in the pipeline. CEO Vikram Cotah says the company is focusing on tier-2 and tier-3 markets, spiritual tourism circuits, and hill stations across South India, while continuing to invest in renovations and strategic collaborations to unlock the full potential of its locations.
Technology
A Talk with the Team Behind Racial Literacy in Libraries (which I may have helped to co-write)
"I hope this book convinces folks that racial literacy deserves to be a part of how every library serves their patrons, and that people feel empowered to turn that goal into reality." The go-to guide for equitable librarianship is finally here. Now meet the c…
Operations
Hope Medicine Announces First Patient Dosed in the Phase III Clinical Trial for Endometriosis
SHANGHAI, March 24, 2026 /PRNewswire/ -- Hope Medicine Inc., a science-driven, clinical-stage innovative biopharmaceutical company, announced that the first patient has been dosed in the Phase III clinical trial of HMI-115, its first-in-class monoclonal antib…
Technology
War hits AI firms’ plans; Sarvam eyes unicorn club
Happy Wednesday! Indian AI startups are facing higher costs and operational disruptions amid the ongoing conflict and rupee depreciation. This and more in today’s ETtech Morning Dispatch.
Technology
Prosus sees long runway in India portfolio
Through 2025, Prosus deployed $675 million in companies such as Urban Company, PayU, Rapido, Ixigo, Wiom, Deccan AI, CodeKarma and Arivihan.
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