Consumer

Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.

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Kuwait investment firm Asiya Capital wraps up over $100 mn India hotel deal

Consumer

14 August, 2023

Kuwait investment firm Asiya Capital wraps up over $100 mn India hotel deal

Asiya Capital Investments, a specialist investment firm based out of Kuwait that chases deals across private equity ......

Consumer

11 August, 2023

Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise

Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5......

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the ......

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Consumer

09 August, 2023

Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup

Mattress maker Springwel Mattresses Pvt. Ltd is evaluating acquisition of majority stake in a new-age startup in the ......

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Consumer

09 August, 2023

Battle of the brewers: How VC-funded and bootstrapped beer startups stack up

If you happened to find yourself in a bar in Delhi before the Covid-19 pandemic hit, you would have come ......

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Consumer

09 August, 2023

BanyanTree exit plan back on track as portfolio firm revives IPO

Mid-market-focused private equity firm BanyanTree Capital is looking to exit its seven-year-old investment in ......

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Consumer

08 August, 2023

PE firm Lighthouse scripting $150 mn portfolio exit

Growth equity investor Lighthouse Funds, the backer of companies such as Fabindia and Medikabazaar, has harvested almost......

Consumer

08 August, 2023

Pepperfry co-founder Ambareesh Murty dies at 51

Pepperfry co-founder and chief executive officer (CEO) Ambareesh Murty died of a cardiac arrest in Leh on the night of ......

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Consumer

08 August, 2023

WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy

Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV ......

Consumer

03 August, 2023

Temasek to invest $145 mn in Mahindra & Mahindra's passenger EV unit

Singapore’s sovereign wealth fund Temasek has agreed to invest up to Rs 1,200 crore (around $145 million) in Mahindra......

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