Friday, Apr 18 2025 | Time 18:01 Hrs(IST)
Business Economy


Tenali Double Horse Group introduces Millet category with ‘Millet Marvels’ in Hyderabad

Hyderabad, Apr 10 (UNI) Tenali Double Horse Group, the house of authentic and premium quality culinary essentials, launched its latest venture, Millet Marvels, at an event held here on Thursday.
The Millet Marvel products launched by Apollo Hospitals group Joint Managing Director Dr Sangeetha Reddy in the presence of Tenali Double Horse Group Chairman and Managing Director Mohan Shyam Prasad Munagala.
Millet Marvels will initially launch 18 products across four categories – grains, noodles, cookies, and ready-to-cook meals – with pricing starting at Rs 95 per unit, said Mohan Shyam on the occasion.
"We are planning to invest Rs 25 crore within two years for expansion of the brand into innovative categories including health mixes, diabetic-friendly foods, semolina, pasta, health flours, nuts, organic lines, and freeze-dried fruits and vegetables," he said.
This marks a strategic entry into the growing superfoods segment, offering a range of millet-based products crafted for today’s health-conscious consumer, he said that our initial market focus will be the Telugu states of Andhra Pradesh and Telangana, followed by expansion across India and international markets such as the USA, Canada, New Zealand, Australia and Gulf countries.
"Currently, we have six stores in Andhra Pradesh alone and plan to set up 50 more stores in both Telugu states of Andhra Pradesh and Telangana this year, he informed.
With current revenues exceeding Rs 535 crores, the group is now eyeing a four-digit revenue milestone within the next three years, he said.
Mohan Shyam emphasized the company’s mission of taking “Rural to Global”, and highlighted this expansion as a significant growth lever, aiming for Millet Marvels to contribute 5 percent of current revenues within the next three years.
Tenali Double Horse Group began its journey in 2005 with a single product – Urad Gota – and quickly emerged as a pioneer in branded commodities.
Today, it is a Fortune 500 company, with a presence in 12 countries and 15 states, and a diversified portfolio that includes: Pulses & Dals (Market leaders in branded Urad Gota); Foods – Ready-to-eat (Urad Laddu and Millet Laddu) and ready-to-cook snacks; Dry Fruits and Chocolates.
UNI KNR SS
More News

Zydus Medtech partners with Braile Biomedica to commercialise TAVI technology

18 Apr 2025 | 3:16 PM

Mumbai, Apr 18 (UNI) Zydus MedTech Private Limited, a wholly owned subsidiary of Zydus Lifesciences Limited on Friday entered into a strategic partnership with Braile Biomédica Indústria, Comércio e Representações Ltda., (Braile Biomedica) - an innovative cardiovascular device manufacturer based in Brazil - to exclusively commercialise its Transcatheter Aortic Valve Implantation (TAVI) technology across Europe, India, and other select markets.

see more..

HDFC Securities posts robust financials

18 Apr 2025 | 2:59 PM

Kolkata, Apr 18 (UNI) HDFC Securities Limited reported exceptional performance for the financial year that ended on March 31, 2025, achieving a total income of Rs 3,265 crore, a robust 23 per cent increase from Rs 2,661 crore in the previous financial year.

see more..

Hyd: GHIAL operated Rajiv Gandhi International Airport Achieves Prestigious ACA Level 5 Carbon Accreditation

18 Apr 2025 | 1:41 PM

Hyderabad, Apr 18 (UNI) GMR Hyderabad International Airport Ltd (GHIAL) operated Rajiv Gandhi International Airport (RGIA) on Friday announced that it has been awarded the Level 5 Accreditation under the globally recognized Airport Carbon Accreditation (ACA) programme by Airports Council International (ACI).

see more..

Infosys fires 370 trainees despite ongoing govt probe: NITES

18 Apr 2025 | 1:39 PM

Bengaluru, Apr 18 (UNI) The Nascent Information Technology Employees Senate (NITES) has lodged a fresh and strongly-worded complaint with the Ministry of Skill Development and Entrepreneurship, accusing IT giant Infosys Ltd of carrying out the unlawful and unethical termination of 370 apprentices enrolled under the National Apprenticeship Training Scheme (NATS).

see more..
Capital India Finance Limited lists on NSE

Capital India Finance Limited lists on NSE

18 Apr 2025 | 1:08 PM

Mumbai, Apr 18 ( UNI) Capital India Finance Limited, a non-banking financial company, has announced its listing on the National Stock Exchange of India Limited ( NSE).

see more..