Exclusive: Personal care products maker CleanLife raising angel round

January 20, 2017 | Debjyoti Roy

CleanLife India Pvt. Ltd, a personal care products manufacturer, is in an advanced stage of discussions to raise its angel round of funding from a Mumbai-based investor, a top company executive told VCCircle.

Alibaba leads $2.55 bn bid for Chinese retailer Intime

January 10, 2017 | Reuters

E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take the Chinese department store operator private for HK$19.79 billion ($2.55 billion), the partners said on Tuesday.

PE-backed House of Anita Dongre's sales growth slows, profit falls

January 09, 2017 | Debjyoti Roy

House of Anita Dongre Ltd reported slower sales growth last fiscal year, as rising competition from both brick-and-mortar and e-commerce firms and tepid consumer demand weighed on the fashion apparel company.

HUL sells leather shoes export biz to Hindustan Foods

December 16, 2016 | Debjyoti Roy

FMCG major Hindustan Unilever Ltd (HUL) has sold off its subsidiary Pond’s Exports Ltd, a leather shoes exporter, to Goa-based Hindustan Foods Ltd (HFL) for an undisclosed amount, it said in a stock market disclosure.

Rakesh Jhunjhunwala picks 12.7% stake in 'Being Human' brand licensee

December 16, 2016 | Ankit Doshi

Ace investor Rakesh Jhunjhunwala acquired a 12.74% stake in Mumbai-based apparel manufacturing firm Mandhana Retail Ventures Ltd (MVRL) on Wednesday, the day its shares listed on stock exchanges following its demerger from Mandhana Industries Ltd (MIL).

SAIF Partners to up stake in luxury watch retailer & components maker KDDL

December 12, 2016 | TEAM VCC

Chandigarh-based KDDL Ltd, a manufacturer and supplier of watch components, has received its board's approval to raise Rs 20 crore ($3 million) more from existing financial investor SAIF Partners.

Nandan Nilekani bets on ethnic retailer Fabindia

December 06, 2016 | Debjyoti Roy

Infosys co-founder Nandan Nilekani and his wife, Rohini, have acquired a 2% stake in ethnic retailer Fabindia Overseas Pvt Ltd for about Rs 100 crore ($14.6 million), a media report said.

Exclusive: SAIF Partners-backed Senco Gold defers IPO plan

December 06, 2016 | Debjyoti Roy

Senco Gold Ltd, one of the largest jewellery retailers in eastern India, has pushed back its plans for an initial public offering to raise funds for expansion, a person privy to the development told VCCircle. 

Exclusive: Shoe retailer SSIPL eyes alternatives to give exit to Tano Capital

November 18, 2016 | Ranjani Raghavan

Shoe manufacturer and retailer SSIPL Retail Ltd has decided to skip its proposed initial public offering (IPO) for the second time and is looking at alternatives to give an exit to one of its two private equity investors, Tano Capital.

Future Consumer picking 50% stake in wholesale retailer Booker Group’s Indian arm

November 15, 2016 | Debjyoti Roy

Future Consumer Ltd, the fast moving consumer goods (FMCG) arm of Kishore Biyani-led Future Group, is getting into the cash and carry (wholesale) business in a joint venture (JV) with the UK-based Booker Group.