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

WestBridge-backed PhysicsWallah buys into Xylem to boost South India presence

Consumer

19 June, 2023

WestBridge-backed PhysicsWallah buys into Xylem to boost South India presence

Edtech unicorn PhysicsWallah has acquired a 50% stake in Kerala-based Xylem Learning for an undisclosed sum, in a bid to......

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Investcorp realises modest returns from 11-year-old consumer bet

Consumer

16 June, 2023

Investcorp realises modest returns from 11-year-old consumer bet

Bahrain-based global investment manager Investcorp has partially exited a more than a decade-old consumer bet by selling......

Warburg-backed boAt's FY23 revenue rises as audio, wearables sales soar

Consumer

15 June, 2023

Warburg-backed boAt's FY23 revenue rises as audio, wearables sales soar

Imagine Marketing Pvt. Ltd, which operates audio gear and wearables brand, boAt, has witnessed a growth of nearly 40% in......

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Exclusive: Snacks maker Happilo in talks with PE firms for fresh fundraise

Consumer

15 June, 2023

Exclusive: Snacks maker Happilo in talks with PE firms for fresh fundraise

Healthy snacks maker Happilo International Pvt Ltd, which counts homegrown investors Motilal Oswal PE and A91 Partners ......

ChrysCapital to invest $100 mn in Lenskart

Consumer

15 June, 2023

ChrysCapital to invest $100 mn in Lenskart

Indian private equity firm ChrysCapital is investing $100 million in Lenskart in a deal that includes both primary ......

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Exclusive: KKR eyes mid-market PE's brands to grow Fogg deo parent's biz

Consumer

13 June, 2023

Exclusive: KKR eyes mid-market PE's brands to grow Fogg deo parent's biz

Private equity major KKR & Co is evaluating potential acquisitions in India’s beauty and personal care sector in a bid......

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Everyone made money from Ustraa, but VLCC shaved off much of its valuation

Consumer

13 June, 2023

Everyone made money from Ustraa, but VLCC shaved off much of its valuation

Last week, buyout major Carlyle-owned beauty and personal care brand VLCC struck a deal to acquire male grooming brand ......

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Peak XV scores dream returns from first India exit after Sequoia spinoff

Consumer

12 June, 2023

Peak XV scores dream returns from first India exit after Sequoia spinoff

Barely a week after Sequoia Capital's decision to separate its US, China, and India and Southeast Asia operations ......

IndiGo co-founder Gangwal's family to offload stake

Consumer

12 June, 2023

IndiGo co-founder Gangwal's family to offload stake

The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's ......

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General Atlantic looks to take control of consumer-oriented portfolio firm

Consumer

08 June, 2023

General Atlantic looks to take control of consumer-oriented portfolio firm

General Atlantic is set to increase its stake in a consumer-facing portfolio company to take control of the Indian firm ......

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