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How Parle G Became An Iconic and Well Loved Indian Brand

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How Parle G Became An Iconic and Well Loved Indian Brand,Why our childhood favourite Parle-G became the record selling brand during lockdown,Startup Stories,The Secret Behind Parle-G’s Massive Success Story In India,The Parle-G Story: How Swadeshi Movement Gave India Its Beloved Biscuit,This iconic global brand has roots in original Swadeshi movement: story of India’s favourite biscuit maker,Parle Glucose to Parle-G: Journey of India’s most loved biscuit

Millennials would recall fond memories of eating Parle-G biscuits in the evenings along with a hot cup of chai or coffee.  The simple and humble milk biscuit Parle G is a household name and is perhaps the major reason for Parle being the brand it is today.  Parle G is also one of the oldest Indian brands in existence and can trace its roots back to the British Raj when India was still under British rule.  The journey of Parle G is as iconic as the brand itself.  Keep reading to find out how Parle G grew from a humble beginning to become one of the major brands in the FMCG industry today.

Beginnings

Parle was established in 1929 by the Chauhan family in Vile-Parle, Bombay during the British Raj rule.  Mohanlal Dayal Chauhan belonged to a family of silk traders and he purchased a refurbished confectionery manufacturing plant.  Mohanlal sailed to Germany to learn the trade of making confectionery and returned to India with the necessary skills in 1929, following which he set up his first factory.  The factory was named as House of Parle after the suburb Vile Parle, in which it was located.

Journey

Parle initially manufactured and sold peppermints, sugar and toffees.  The plant was managed by 12 family members who looked after engineering, manufacturing and logistics.  The first Parle product to become a major hit was the Orange Bite, an orange flavoured candy.  The Swadeshi Movement started in India to urge Indian citizens to purchase only Indian products in order to reduce dependency on imported British products.  Spurred by the increasing prominence of the Swadeshi Movement, Parle decided to manufacture biscuits which were a premium imported product back then.   United Biscuits, Huntley & Palmers, Britannia and Glaxo were the prominent British brands that ruled the market.

In 1938, Parle came up with Parle G which is short for Parle Gluco, a glucose based biscuit which was made in India and made for Indians.  These biscuits became an affordable source of nourishment for the Indian masses and made biscuits commonplace in India.  

ALSO READ: Top Ten Long Standing Indian Brands

Branding

Parle hit a roadblock when competitors like Britannia which launched its own line of glucose biscuits named Glucon D.  Brittannia even went as far as to get Gabbar Singh from the movie Sholay,  to promote their biscuits.  The Indian masses quickly became confused with the number of biscuits available in the market and simply began asking for glucose biscuits.  

It was at this moment that Parle decided to counter the knock offs and came up with packaging that would be unique to Parle Gluco while patenting its own packing machinery.  The new packaging was a yellowish wax paper wrapper with a plump little girl imprinted on it , along with the brand name and company’s red coloured logo.  This was quickly followed by a television commercial with the Indian superhero Shakthiman who was immensely popular with kids.  Since then there was no looking back for Parle G and even to this day it enjoys an unparalleled popularity.

Parle G is still committed to its promise of being an affordable brand for all economic sections of the Indian society.  A small pack of Parle G biscuits is sold for a simple price of 5.  Parle G biscuits are easily available in all corners of the country and can be found in the remotest parts like the Line of Control or the North Eastern borders.  

Today Parle G is one of the most recognisable Indian brands and a hundred million packets of Parle G are sold every month.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

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Fractal Invests $20 Million in Asper.ai to Accelerate AI Solutions for Consumer Goods

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Fractal Invests $20 Million in Asper.ai to Accelerate AI Solutions for Consumer Goods

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Investment Highlights

Pranay Agrawal, Co-Founder and CEO of Fractal, expressed excitement about the partnership, noting Asper’s impressive growth over the past three years. He stated that this investment will unlock new opportunities for enterprise customers and drive further innovation within Asper.

Asper.ai’s Objectives

Mohit Agarwal, Co-Founder and CEO of Asper.ai, emphasized the need for consumer goods leaders to have a strategic ally that can adapt to their operations and transform data into actionable insights. The investment will support Asper in building its autonomous growth AI platform and attracting top talent.

Future Plans

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Conclusion

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