17 July 2018, Moscow. – Aeroflot has won two categories at the prestigious Skytrax World Airline Awards. In addition to being named Best Airline in Eastern Europe, Aeroflot took the award for Best Premium Economy Onboard Catering of any airline worldwide.

Aeroflot was named Best Airline in Eastern Europe for the sixth straight year and seventh time overall. The award for Best Premium Economy Onboard Catering represents a breakthrough for the Russian flag carrier. Previously the award had belonged to Singapore Airlines, recognized by many ratings as the finest in the world.

The World Airline Awards ceremony, which took place today in the Grand Ballroom of The Langham hotel in London, brought together senior executives of leading airlines from around the world.

“Aeroflot is continuing to steadily increase its collection of aviation Oscars,” Aeroflot CEO Vitaly Saveliev said. “The Skytrax World Airline Awards that we have collected today show that our airline consistently maintains a level of service that is at a high international level. Moreover, Aeroflot is able to compete on an even footing with the strongest global airlines in a key area, namely the quality and variety of our in-flight catering. To receive this award is an honour for any of the world’s airlines. For Aeroflot it also pushes us to become better and more popular, and to offer more convenience in everything we do for our passengers, whose safety and comfort is our highest priority.”

Known as the Oscars of the aviation industry, the World Airline Awards have been held every year since 1999 by Skytrax, the authority on service quality among airlines and airports. In 2018, 335 airlines competed for the awards.

The winners are determined based on the world’s largest passenger satisfaction survey, with travellers from more than 100 countries taking part in online voting between August 2017 and May 2018. Those invited to vote include passengers who took part in previous surveys, who number around 24.5 million. Voting forms are available in six languages: English, French, Spanish, Russian, Japanese and Chinese. The number of participants from China grew fastest this year, with 3.5 million additional reviews.

Aeroflot has held 4-Star Airline status from Skytrax since 2016, placing it firmly among the ranks of Europe’s top carriers.

About Aeroflot

Aeroflot is Russia’s flagship carrier and a proud member of the SkyTeam global airline alliance. Aeroflot serves 146 destinations in 52 countries.

Aeroflot’s 241-strong fleet is the youngest of any airline worldwide that operates more than 100 aircraft. In 2017, Aeroflot carried 32.8 million passengers (50.1 million passengers as Aeroflot Group including subsidiaries).

Aeroflot holds 4-Star Airline status from Skytrax and was named Best Airline in Eastern Europe for the seventh time at the 2018 Skytrax World Airline Awards. Aeroflot has also been awarded a five-star global airline rating by US aviation association APEX.

Aeroflot is the world’s strongest airline brand and most powerful brand in Russia according to leading brand strategy consultancy Brand Finance.

Find out more at http://www.aeroflot.com/  

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New Delhi, July 11, 2018: Detel, world’s most economical feature phone brand, today unveiled its first premium category feature phone- D1 Gold. TheD1 Gold embodies a crystal keypad which gives it a premium look and feel. Priced at Rs.999, the D1 Gold caters to the requirements of the growing segment of mobile users who are willing to use advanced features in their mobile phones but at a low price. The new device is available for purchase on B2BAdda.com, India’s first hybrid e-distribution platform.

The feature phone comes with a2.4″ LCD display and a digital dual camera with LED flashlight. It is backed by a powerful1500mAhbattery and to extend the battery life, Detelalso provides users with a power saving mode. Intricately designed, the phone boasts of enticing features like Multi-Indian Language support, auto call recording, call blacklist, an audio/ video player, among others.

Commenting on the launch, Mr.Yogesh Bhatia, MD, S. G. Corporate Mobility (parent company of Detel), said,“The D1 Gold provides a perfect combination of design and performance. The new device has been beautifully designed looking at the modern-day needs and expectations of the users. The Gold color is an epitome of elegance and class, making the D1Golda design inspiration with features like wireless FM and panic button, along with access to the internet”

D1 Gold is also equipped with additional features like Automatic date and time update, Bluetooth, and export/import of contact via SD card. The phone is equipped with a vibrator, torch, sound recorder, etc. Its phonebook can hold up to 500 contacts and one can store up to 200 SMS in the device.

About DETEL Mobiles & Accessories:       

Established in 1991, with a CRISIL rating of SME 2, S.G. Corporate Mobility is the parent company of Detel, known for its key relationships with well-established brands in the space of mobiles, laptops, tablets, etc. DETEL believes that technology is no longer a luxury but a necessity. During the Indian Mobile Congress 2017, India’s first ever Mobile, Internet & Technology event, DETEL launched the world’s most economical feature phone in the Indian market- Detel D1 at the price tag of just Rs. 299.

The company is now committed to transform the Television landscape in the country with its affordable 32-inch smart TV.

DETEL ensures the best quality for its product that trickles down from their extensive Research and Development to the Manufacturing, Testing, and Supply at economical pricing. Their products are making a mark in India in terms of Quality and Pricing.

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[Shanghai, China, June 26, 2018] Today, Huawei announced that it has upgraded its SmartWi-Fi solution for 4K videos to help operators provide multi-channel 4K videos over Wi-Fi in environments with strong interference, greatly improving the 4K video experience of home users.

Video services like 4K and virtual reality (VR) pose higher demands on home networks. However, in the houses with rooms, walls, and floors, cable routing is not a feasible solution due to relatively long distances. These houses also have more sources of interference. As a result, these houses fail to enjoy full Wi-Fi coverage with high data speeds, and their residents cannot smoothly stream multi-channel 4K videos, making the last 10 meters in homes the biggest bottleneck for improving broadband experience.

To address these issues, Huawei has upgraded the SmartWi-Fi solution for multi-channel 4K video bearing. This solution features high performance, wide coverage, and anti-interference, ensuring a premium 4K video experience. It also supports cloud management, simplifying the operation and maintenance. Huawei’s SmartWi-Fi solution for 4K videos brings about the following benefits:

• Huawei’s high-performance Wi-Fi network solution delivers fast speeds: Huawei uses cutting-edge Wi-Fi optimization technologies to ensure Wi-Fi signal quality. As a result, users can enjoy smooth experience when streaming videos, playing online games, and sharing large files. Compared with traditional wired solutions which hinder the deployment of video services, this solution makes video service provisioning fast and easy.
• Multi-channel 4K videos are concurrently carried, bringing a premium video experience: Huawei’s solution adopts technologies to support concurrent multi-video streaming, greatly improving the Wi-Fi performance and stability when multiple terminals are connected. Huawei-proprietary algorithms are also used to dynamically optimize the issues related to 4K video quality perception. In this way, the solution allows users to enjoy a premium experience when streaming multi-channel 4K videos even in an environment with severe interference.
• Networks are highly reliable, and support self-healing and automatic roaming: Unlike traditional Wi-Fi access points (APs), Huawei’s Wi-Fi APs support the mesh function: when a fault occurs, the network can be reconstructed based on the mesh connectivity capability. In this way, the Wi-Fi network can heal itself, avoiding network disconnection or service interruption. In addition, Huawei’s solution supports automatic roaming switching within 100 ms, bringing users high bandwidth anywhere in their homes.
• O&M is simplified through cloud management, improving user satisfaction: Huawei’s SmartWi-Fi cloud management module supports remote O&M through the cloud, eliminating more than 30% of home visits. In addition, Huawei supports Wi-Fi topology and status visualization, identification and remote troubleshooting for poor-quality Wi-Fi, enabling operators to resolve faults in a timely manner.

Zhou Jun, President of Huawei Access Network Product Line, stated: “4K videos will become a core service of operators. The quality of the home Wi-Fi network has become a key factor that affects video experience. Huawei’s SmartWi-Fi solution for 4K videos aims at improving the 4K video experience of home users, and helping operators to improve user experience and maximize commercial benefits by building a premium broadband network that can be managed, visualized, operated, and maintained in a smart way.”

Huawei, which advocates the idea of building networks by focusing on user experience, has proactively invested in the home network field and made innovations together with industry-leading operators. At present, Huawei’s SmartWi-Fi solution for 4K videos has been commercialized by mainstream operators in Europe, the Middle East, and China, providing home users with high-quality broadband experience and services. As a top ultra-broadband solutions provider, Huawei has been leading the development of the ultra-broadband industry, and has proposed the value proposition of “premium broadband” to break the experience bottleneck of the broadband industry through value-driven network deployment and experience-driven operations, thereby meeting the digital connection requirements of individuals, homes, and enterprises, and enabling a smart world with the Internet of everything.

MWC Shanghai 2018 will be held between June 27 and 29 in Shanghai, China. Huawei will showcase its products and solutions at booth N3.B40 in the Shanghai New International Expo Centre (SNIEC), and booth N5.ICA01 Innovation City. For more information, please visit http://carrier.huawei.com/en/events/mwcs2018.

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Arcusys’ Valamis on Liferay introduces the UK to a Learning Experience Platform—customisable corporate academy option for training personnel and external channel networks

[London], 12 April, 2018. Arcusys Ltd, an international forerunner in the digital transformation of learning, has announced its partnership with leading digital experience platform provider Liferay in the United Kingdom. This new UK partnership provides companies with easier access to end-to-end workforce transformation solutions.

Arcusys, has been a successful Liferay partner in Finland since 2011 and in the United States since 2015, by providing corporations effective and engaging workforce learning and development tools tools. Emerging technologies, including Artificial Intelligence (AI), are becoming a central part of the workforce and organizations are faced with upskilling their employees, partners, resellers, and subcontractors to remain competent, compliant and effective.

Every industry is currently being revolutionized by new technology and regulations, but especially the financial services industry which accounts for more than 2 million jobs in the UK. Arcusys’ UK office is stationed in London, the financial center of the world, helping companies adapt in the fourth industrial revolution with Valamis – Learning Experience Platform and Intelligent Automation solutions.

“We are very excited about this new partnership in the UK. Scalable Liferay technology combined with Valamis represents eLearning of the future. We’re developing analytical tools and intelligent automation for making work more efficient and learning more personalized with insight from our customers, partners and our own analysts and data scientists”, said Janne Hietala, Chief Commercial Officer of Arcusys.

“We are very pleased to welcome Arcusys to the UK and Ireland market. The Arcusys team has accrued considerable expertise developing and delivering Liferay-based intranets and its highly regarded Valamis solution serves a growing need for solutions that improve employee experience and effectiveness,” said Michael MacAuley, General Manager Liferay UK & Ireland.

Valamis implements corporate learning and development needs into a customisable corporate academy that supports many different learning styles, including but not limited to formal, informal, social, macro- and microlearning. Platform enhancements are released on a quarterly basis and are co-developed together with customers and partners to support their unique learning needs.

Arcusys and Liferay will host a webinar on the topic “Align Corporate Learning and Business Strategies with Valamis” on April 17 & 18. Click here for more information and to register!

About Arcusys

Arcusys is an internationally growing IT company that specializes in the digitalization of learning. The company was listed in Gartner’s 2016 Market Guide for Corporate Learning Suites as a Representative Vendor of the product Valamis. Valamis – Learning Experience Platform helps customers convert the benefits of digital transformation into a competitive advantage. Arcusys’ customers are large organizations in both the private and public sectors. With its headquarters in Joensuu, Finland, Arcusys has offices in Finland, Germany, UK, the US and Russia.

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PowerWatch energy harvesting and boost conversion technology to be on display during Pepcom, Showstoppers and CES.

LAS VEGAS – January 8, 2018 –  Materials science pioneer, Matrix Industries, is excited to announce this week at the Consumer Electronics Show that its premium first-generation PowerWatch X will be shipping to backers and preorders this quarter. PowerWatch X will be adding the highly anticipated capabilities of push-notifications from your smartphone to your smartwatch automatically, along with 200m water resistance and a rugged exterior.  The award-winning PowerWatch X will follow the successful launch and shipment of PowerWatch, joining it as the first devices to be powered by the body itself, and demonstrating the success of Matrix’s proprietary thermoelectric energy converter.

“With close to 200,000 people expected to attend CES this year, I can’t help but think about how much body-heat power they’re producing, let alone the number of chargers they’ll need throughout the show,” said Matrix Co-founder and CEO, Akram Boukai. “There will be enough body-heat at the Las Vegas Convention Center to power the entire Strip. As PowerWatch and PowerWatch X are overwhelmingly proving, our technology has the power to harvest that energy and leverage it to run our devices and more.”

PowerWatch X was designed and built for the adventurous. Its aircraft-grade aluminum body keeps it light, while its purposeful bulk maintains its rugged look and feel. The wearable that doesn’t need to be charged also comes standard with up to 200M of water resistance, and many of the same capabilities that battery-powered fitness wearables offer, without the hassle of annoying chargers and messy cables.

When you take it off, your data is stored in memory and it goes to sleep; put it back on and the watch turns right back on where you left off (with up to two years of idle mode). It’s got an always-on power meter that tells you how much electricity your body heat is producing, making it the most accurate measure of calories burned on the market. In addition to the device itself, PowerWatch X has companion apps on both iOS and Android that allow for further customization, tracking and insights.

The breakthrough device’s energy harvesting performance is a result of three key technical advances currently unmatched by other technologies, namely:

• Advanced thermoelectric generators that operate more efficiently than available power generators.
• More efficient boost conversion circuitry to power the electronics and charge the internal battery.
• Pioneering thermal design to harvest the small amount of available heat within a wearable form-factor.

“Our technology is improving every day as we further advance the energy conversion process,” Boukai’s Co-founder and CTO, Douglas Tham, said. “That, coupled with the constant advances in low-powered components, will greatly transform our technology to power even more consumer devices, with even superior capabilities.”

PowerWatch X is currently available to pre-order for $249, while PowerWatch and the special edition PowerWatch Black Ops are now shipping and currently available on PowerWatch.com starting at $199.

About Matrix Industries:

Matrix is a Silicon Valley materials science company, founded in 2011, committed to radically re-engineering consumers’ wearable experiences. The team of experts in thermoelectric material science, thermal engineering, and consumer product development and manufacturing consists of Ph.D. graduates from CalTech, MIT, Harvard and UCSD with 25+ years of experience in manufacturing and shipping leading technology.

For more information, click here.

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Brings in best global component manufacturers as OEM partners including Mustang, Kellerman, S&S Engines among others

National, 27^th October 2017: ‘Avantura Choppers’ announces its launch as the first and only Production Chopper motorcycle brand from India. Targeted at the premium segment, the models are expected to be in the market within this quarter. Headquartered in Mumbai with a manufacturing plant close to the city, the company is at the concluding stages for the ARAI certification, to release India’s first-ever production Choppers in the market.

Originating in the United States of America in the 1950s, Choppers (a special class of motorcycles) rapidly became a sensation among enthusiasts across the world with innovations, competitions and a thriving Global community. However, the Indian motor-head was yet to enjoy the authentic chopper experience despite the rapidly evolving rider community. To fill this gap, ‘Avantura Choppers’ is all set to release their first models, designed with unparalleled, global best-in-class quality, engineered to suit the Indian riding conditions. With bespoke design engineering and OEM partnerships with world-leading component manufacturers, the company prides itself on bringing Indian enthusiasts this global product, curated for connoisseurs, within this quarter.

While International Cruiser brands have forayed into the country and there exist a slew of independent modification enthusiasts, ‘Avantura Choppers’ is India’s official entry into the global map, of these specialized motorcycle manufacturers. The company is targeting a 7-8% share of the 1600cc and above motorcycle market in India, which is estimated to touch 15,000 units by 2022 (based on reports by Emerging Markets Automotive Advisors).

As the only Indian brand with a base engine displacement of 2000cc, India’s first and only street-legal choppers will be designed to ensure individual comfort & safety at every level while being the most powerful motorcycles on Indian streets. From the body design and engineering by a celebrity Chopper designer from the USA, to the OEM engine, suspension, tires, brakes, lights and even the seats, Founder Gaurav Aggarwal and Co-Founder Vijay Singh of ‘Avantura Choppers’ have facilitated the official entry for these Global giants in India.

1. Engines by S&S, USA
2. Promo 6 Speed Transmission by Rivera, USA
3. Suspensions by Progressive, USA
4. Cobra Tyres by Avon, UK
5. Brake Calipers by Beringer, France
6. Seats by Mustang, USA
7. Turn Signals by Kellermann, Germany

Speaking about the launch of the brand, Gaurav Aggarwal – Founder of ‘Avantura Choppers’ said, “The brand, ‘Avantura Choppers’ symbolizes the premium quality and supreme power that is a chopper motorcycle. With that in mind, we have produced these masterpieces for riding connoisseurs by curating the entire experience. And the fact that we’re the first Indian company in the space, adds challenge to the pride.”

Co-Founder, Vijay Singh says, “The evolving Indian rider has been in search for the authentic American chopper experience and with the launch of ‘Avantura Choppers’, we hope to fill that void with our state-of-the-art motorcycles. Targeted at the discerning enthusiasts who consider themselves connoisseurs, we’re all set to amaze the market with a first-time-ever experience.”

Slated to launch in the market within this quarter, ‘Avantura Choppers’ with their distinct motorcycles are the next chapter of pride of the Make in India storyline.

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~ KAUNIS MARKETING TO BUILD ITS PRESENCE IN INDIA ~

Mumbai, October 6, 2017- Amidst the festive season, beauty conscious consumers have one more reason to rejoice as premium German skin care brand: Malu Wilz makes its debut in India this October. Kaunis will act as an anchor for Malu Wilz in the Indian beauty market by devising and implementing strategic plans that cover all spheres of their business and define the roadmap ahead for their development and growth.

So, forget all your skin care woes as Malu Wilz comes with 30 years of skin care expertise and offers unique products that are a combination of traditional methods and active ingredients.

Malu Wilz- Feel your Beauty stands true to its commitment to offer complete skin care solutions that have proven its effectiveness over the years. The brand MALU WILZ is made in Germany and offers premium skin care cosmetics as well as specialized treatment concepts for consumers, beauty institutes and spa centers. Its state-of-the-art innovations in dermatological research is testimony to its broad-based care concept in the areas of High Effective Skin Care, Medical Skin Care and Cocooning Skin Care.

After marking its presence in over 1000 studios (Skin care cosmetics) in Germany along with a distribution reach in 28 countries worldwide, Malu Wilz is all set to spread its radiance in India tapping all metros and mini metros in the first quarter.

Kaunis Marketing will build its presence in India by providing end to end services, right from marketing, distribution, sales, and operation management. Kaunis will ensure the brands’ smooth marketing through various franchise and shop in shop/ kiosk formats.

Speaking about the launch in India, Claudia Steinberger, Managing Director, Malu Wilz said, “India is a potential market for global brands and conditions are congenial. We are excited to be finally present here. Malu Wilz aims to make every woman feel more beautiful with its high-quality skin care and treatment products. With Kaunis as our partner, we are hoping to have a robust opening in the Indian market.”

Stephanie Schedel – Director Training MALU WILZ, added, “India has varied climatic conditions and fortunately all Malu Wilz products are dermatologically approved to suit various skin types and weather conditions. Since we believe in healthy skin care, we will endeavor to have effective care formulations and solutions for the Indian skin type.”

Ajay Ghooli, Managing Director, Kaunis, said, “We at Kaunis are excited to introduce Malu Wilz to India. It’s a premium global brand that will enrich the lives of every beauty enthusiast. With high quality products, where innovation is the key, Malu Wilz is all set to elevate the beauty quotient of Indians.”

Get ready to regenerate your skin and feel your beauty like never before! Only with Malu Wilz!

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• An online study commissioned by American Express® reveals that 53% of respondents are willing to pay a premium of 20%-40% in return for superior customer service.
• Customers remain loyal if the brand delivers on quality and a good customer service experience; 66% of Indians surveyed will discontinue using a brand or product due to poor customer service

New Delhi, August 16, 2017: According to the KANTAR IMRB survey commissioned by American Express®, 42% consumers* are willing to pay a premium for prompt customer service. On the other hand 31% would be willing to pay for service that listens to them/acts on their feedback and 27% would be willing to pay premium for service that is available everywhere. The survey titled Decoding Customer Service for Indian customers, reveals that if premium had to be paid, 53% of respondents would pay a premium of 20%-40% in return for better customer service. At the same time 83% agreed that they would pay a premium for a brand that keeps its promise. On the other hand, 66% of consumers would discontinue using a brand or product due to poor customer service, while 71% would stop using if the quality of the product or service depreciates. This suggests that delivering excellent customer service experience along with consistent quality is imperative for any brand to retain customers.

“Trust, Security and Service are three key pillars that we focus on to build strong relationship with our customers. Our survey clearly highlights that these are the key elements in building a differentiated experience to keep consumers loyal and invested in a brand. At American Express, service is at the core of whatever we do and this is built on a foundation of trust – the trust our customers place in us,” said Manoj Adlakha, Chief Executive Officer, American Express Banking Corp., India.

The online survey, which was conducted among 1577 urban Indian customers across Hyderabad, Chennai, Bangalore, Mumbai, Pune, Kolkata and Delhi/NCR, reveals that Indian consumers give high preference to digital ways of interacting with the brands. 81% agree that they prefer to access product information digitally rather than in person or through a phone call, and 48% prefer resolving their queries online while 47% prefer resolving queries over a phone call or mobile SMS.

With social media becoming the mainstay of modern-day life, being present on social media and garnering positive traction has become a must-have for brands today. The survey substantiates this observation by revealing that 80% respondents agree that they discover and learn about brands through social media

To be able to cater to the expectations of customers, companies must work towards reduced turnaround time, and development of multimodal touchpoints for engaging with the customers.  Of the total respondents surveyed, 87% say they expect instant access to the service they have purchased or subscribed to. While talking to a customer service representative over a phone call is the most preferred mode of communication, followed by connecting through digital mediums such as email and online chat. 62% of those surveyed stated that customer service and availability of instantaneous issue resolution across multiple platforms is a must have digital feature to retain their loyalty to the brand.

Besides quick access to customer care, Indians also want their experience to be delivered in a safe and secure environment. As per the survey, 54% of total respondents want the brands to incorporate more mobile security and authentication features. Talking about future capabilities, customers would increasingly like brands to present same day delivery option to them (56%).

*Note

Customer was defined basis the ownership of credit card, type of TV, type of phone, cars owned, vacations in India and abroad, frequency of fine dining and frequency of air travel.

This study by Kantar IMRB outlines findings of the online survey conducted by among 1577 urban Indian customers across Hyderabad, Chennai, Bangalore, Mumbai, Pune, Kolkata and Delhi/NCR to gain insights on the role that service plays in their lives and understand factors influencing the choice of brand and loyalty. Findings of this survey are based on closed ended questions. For each question, respondents were given a set of options to select their responses for. The study was conducted in July 2017.

About Decoding Customer Service for Indian Customers

This study by Kantar IMRB outlines findings of the online survey conducted by among 1577 urban Indian customers across Hyderabad, Chennai, Bangalore, Mumbai, Pune, Kolkata and Delhi/NCR to gain insights on the role that service plays in their lives and understand factors influencing the choice of brand and loyalty. Findings of this survey are based on closed ended questions. For each question, respondents were given a set of options to select their responses for. The study was conducted in July 2017.

About American Express

American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com/

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100% Swiss chocolates prepared with a craft that has been mastered for over 200 years

Future Consumer Limited the food and FMCG arm of Future Group introduces ‘Gruezi’, a premium chocolate brand that offers finest assortment of Swiss chocolates. Gruezi chocolates are prepared by Switzerland based Chocolat Frey AG, one of the world’s most premium manufacturers of chocolate which is part of Migros Group.

Gruezi chocolates are available in two special packs Gruezi Swiss Matterhorn Chocolates and Gruezi Assorted Centre Filled Chocolates.

Gruezi Swiss Matterhorn Chocolates is an ode to the behemoth, the king of mountains, Matterhorn. Jagged peaks of velvety milk chocolate that sit around honey and almond nougat make every bite worth savouring.

Gruezi Assorted Centre Filled Chocolates include 4 indulging flavors such as Triangolo, Mandolina, Caramelita and Giandor.

Prepared with rich Swiss milk chocolate, Triangolo reminisces the rugged Alps. It is wrapped around smooth hazelnut cream and studded with hazelnut nibs adding a delightful crunch and texture.

Mandolina is a ripple of crispy surprise with velvety smooth milk chocolate centered with generous amount of crunchy almond crocant.

Caramelita is a stunning dome shaped milk chocolate with a twist of salt filled with the goodness of golden caramel.

Giandor has a delightful creamy almond heart hidden inside its rough edges coated with luscious milk chocolate.

Gruezi Swiss Matterhorn Chocolates and Gruezi Assorted Centre Filled Chocolates are both priced at Rs. 450 per box and can be purchased from Foodhall & select Big Bazaar Gen Nxt, Big Bazaar and Nilgiris stores in Mumbai, Delhi and Bangalore.

So go say hello to the best moments of your life with Gruezi.

ABOUT FREY

Chocolat Frey AG, based in Buchs in the Swiss Canton of Aargau, manufactures chocolate and chewing gum. The products of the leading chocolate manufacturer on the Swiss chocolate market are sold both in Switzerland and abroad under the brand name of Frey as well as additional private labels. The company, founded in 1887, is a business entreprise of the M-Industry and has been a part of the Migros Group since 1950.Frey manufactures 2,400 products including a wide variety of chocolate bars (solid and filled), countlines (Blox, Risoletto, Branches and Frey d’Or), truffles and pralines, but also a wide range of chewing gum.

ABOUT FUTURE CONSUMER LIMITED (FCL)

FCL is India’s first sourcing-to-supermarket food company by Future Group and is built on the virtue of sharing. Starting from the seeding of food at the farm to consumption from the plate, FCL acts as a catalyst for each of its stakeholders. From sourcing, processing, retailing to final act of consumption – FCL strikes a widespread cord between the lives of the farmer, a factory laborer, a worker on the shop floor and the housewife.

Food means sharing in India. It starts at the farms where neighbors, kith and kin join hands in tilling, sowing and harvesting of crops. Women come together to further process and prepare food. Recipes are passed down as heirlooms, shared by friends and neighbors and now on television by celebrity chefs. Under FCL’s spectrum, the company sources best quality commodities from world over, comprises of extensive portfolio of established brands in food and HPC space, builds urban convenience store for key metros and cash-n-carry rural distribution models for other cities across India. (Integrated front end to back end).

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Funding round led by Verlinvest and DSG Consumer Partners with participation from InnoVen Capital

July 7, 2017 (Mumbai) – Drums Food International, the parent company of Epigamia Greek yogurt, announced a Rs 90 Crore Series B financing. The round was led by Verlinvest, a Belgium-based consumer focused private equity group created by the founding families of Anheuser-Busch InBev, and DSG Consumer Partners (DSGCP), an early stage venture capital firm run by consumer industry veteran Deepak Shahdadpuri, and also included venture debt participation from InnoVen Capital, India’s largest venture debt provider backed by Temasek Holdings. The company plans to innovate & launch new flavours, initiate brand-building activities and increase production capacity through the new capital.

Rohan Mirchandani, Co-Founder & CEO, Drums Food International said, “It has been such a pleasure to work with Verlinvest and DSGCP, they have been true value-added partners and helped us grow the business with full support and assistance. We have been able to see firsthand why their global track record is so successful! Partnering again in this round was a no brainer and with their support we plan to continue expanding our product lines, categories, and geographies. With the recent additions to our leadership, including Siddarth Menon, Francis Vidhayathil and Dharmesh Joshi, the missing pieces to our dream team are now in place and the sky is the limit for this amazing team I am proud to be a part of.”

Epigamia is India’s first branded and leading premium Greek yogurt which has rapidly gained traction with the Indian consumer. Made with all-natural ingredients and no preservatives, Epigamia is popular across a wide consumer demographic, positioning it as the snack of choice for India’s health-conscious millennials.

Since raising its Series A round last year from Verlinvest & DSGCP, the company has expanded distribution by over five times and launched the Epigamia Snack Pack, the first of its kind in Asia combining dry snacks to be mixed with Greek yogurt through innovative packaging.

Nicholas Cator, Executive Director, Verlinvest said, “We are very happy with our fantastic partnership with Epigamia and Rohan. We believe there is great growth potential to offer premium dairy products to Indian consumers and Epigamia addresses this with a compelling proposition. Verlinvest prides itself on being a daring investor in the consumer world and enabling entrepreneurs through inspiring journeys. Epigamia fits well within this vision.”

Talking about the developments in the FMCG market and growing relevance of Greek yogurt, Deepak Shahdadpuri, Managing Director, DSG Consumer Partners said, “DSGCP is pleased to continue our relationship with Rohan and the amazing team at Epigamia with this new round of investment. Along with our partners Verlinvest, we have seen the team launch India’s first Greek yogurt and more recently, the first yogurt snack pack a few months ago. Core to Epigamia’s success is its unrelenting focus on innovation and always delighting the customer. With this new round of funding, we will see exciting new products coming to the market focused on healthy and functional benefits. Indian consumers are increasingly looking for exciting new products that taste delicious.”

The Company also announced that Arjun Anand, from Verlinvest’s Singapore office, and Prashant Chhaya, former Executive Director at Cadbury (Mondelez International), will join the Company’s Board of Directors.

“We are happy to continue to back a talented team that has set out to build the leading premium dairy brand in India. Greek yogurt has great health and wellness benefits and we believe that Greek yogurt and premium dairy in general will become large categories in India. This increased investment in Epigamia alongside DSGCP fits well within our partnership to be a long-term supporter of young brands and talented entrepreneurs in growing categories in India. Rohan has put together a great Board of Directors with talent across strategic areas and I look forward to joining them soon,” said Arjun Anand.

“The value added dairy market in India is predicted to grow at double digit rate over the next few years. With rising popularity of probiotic products, superior offering, higher level of brand recall & awareness & increased market penetration, Epigamia is well placed to lead the Greek yogurt market in India,” said Prashant Chhaya   

Launched in June 2015, Epigamia is currently available in 8 unique flavours across 4000+ retail stores such as Reliance Fresh, Godrej Nature’s Basket, Future Group Foodhall & Big Bazaar, Hypercity, e-commerce platforms such as Big Basket, and numerous general trade retailers spread across Delhi NCR, Mumbai, Bangalore, Chennai, and Hyderabad.

The company is positioned to become a formidable FMCG player in the fast emerging “GLocal” space –global quality and locally made in India.

About Drums Food International:
Drums Food is an upcoming new age FMCG company which launched Epigamia Greek yogurt in June 2015. The brand, made using an ancient Greek process of straining yogurt, has grown rapidly. The company is dedicated to delivering quality product experiences with superior taste coupled with state-of-the-art manufacturing and packaging innovation.

About Verlinvest:
Founded in 1995, Verlinvest is a private Belgian family investment company with offices in Brussels, New York and Singapore. It currently manages over US$2 billion. Verlinvest specializes in growth capital with the objective to diversify its investors’ holdings for the long term by making private investments in branded consumer companies in the F&B, retail & hospitality, consumer digital and education segments.

Some of its portfolio companies include Vitacoco, Sula wines, Future group, Drums Foods, Veeba Foods, XSEED, BYJU and Global Fashion Group. Verlinvest is an anchor investor in DSGCP II, DSGCP’s second fund. Verlinvest shares a common passion with DSGCP for investing in and developing consumer brands in the Indian sub-continent.

About DSG Consumer Partners:
DSG Consumer Partners (DSGCP) is a venture capital fund focused on identifying, selecting and investing exclusively in early stage consumer businesses in India and South East Asia. The team has a track record of investing for the long term. Current and past investments include Sula Wines, Raw Pressery, Eazydiner, Cleartrip, Redmart, Bakers Circle, Veeba Food, Social, Mswipe, OYO Rooms (part exit to Softbank), Zipdial (sold to Twitter), GOQii, Furtados School of Music, Saraf Foods, Chope, Burger King India, Chai Point, Suzette, India Lends, Smilemakers, Simplee Aloe and Hostmaker. DSGCP has US$100m under management and is now investing from DSGCP II.

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