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Consumer

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

Beleaguered Future Retail gets six bids under resolution process

Consumer

17 May, 2023

Beleaguered Future Retail gets six bids under resolution process

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution ......

Verlinvest-backed Epigamia cancels plan to sell business, CEO says

Consumer

17 May, 2023

Verlinvest-backed Epigamia cancels plan to sell business, CEO says

Indian yoghurt maker Epigamia, backed by French dairy giant Danone, has shelved plans to sell its inflation-hit business......

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We are the Zara and H&M of Tier-II and III cities: Citykart founder

Consumer

17 May, 2023

We are the Zara and H&M of Tier-II and III cities: Citykart founder

Citykart Retail Pvt. Ltd, which counts Bahrain-based alternative asset manager Investcorp as one of its investors, not......

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Exclusive: RMB Corvest in another club deal with Umoya Capital

Consumer

16 May, 2023

Exclusive: RMB Corvest in another club deal with Umoya Capital

Private equity firm RMB Corvest, a part of FirstRand Bank that strikes on-balance-sheet transactions and was one of the......

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Amazon picks up stake in VC-backed men's apparel brand

Consumer

15 May, 2023

Amazon picks up stake in VC-backed men's apparel brand

E-commerce giant Amazon India, an investor in companies like MyGlamm, Cashify, FreshToHome, Glowroad, among others, is ......

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Harsha Raghavan's Convergent inks second platform deal after creating regional carrier

Consumer

15 May, 2023

Harsha Raghavan's Convergent inks second platform deal after creating regional carrier

Homegrown private equity firm Convergent Finance has bet on a venture newly floated by former executives of an ......

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Exclusive: AfricInvest set to ink another PE deal in Morocco

Consumer

12 May, 2023

Exclusive: AfricInvest set to ink another PE deal in Morocco

AfricInvest, a pan-African mid-market asset management platform that has exposure to multiple asset classes, is close to......

Gulf digest: Middle eastern startup Chatfood gets acquired; fintech player Twig raises funds

Consumer

12 May, 2023

Gulf digest: Middle eastern startup Chatfood gets acquired; fintech player Twig raises funds

Big ticket pre-seed funding rounds dominated the startup deal making activity in the Gulf region this week, led by a ......

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Valuation paramount to our thesis: Early-stage VC EV2

Consumer

12 May, 2023

Valuation paramount to our thesis: Early-stage VC EV2

Mobility-focused venture capital (VC) firm EV2, which invests in early-stage EV startups in India, is nearing the final ......

Temasek plans $100 mn investment in Ratan Tata-backed BlueStone

Consumer

07 May, 2023

Temasek plans $100 mn investment in Ratan Tata-backed BlueStone

Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake......

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