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

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Ice cream brand NIC to raise funding from Jungle Ventures

Consumer

24 January, 2023

Ice cream brand NIC to raise funding from Jungle Ventures

Singapore’s Jungle Ventures, which has backed unicorns such as Moglix and Livspace, has emerged as the primary suitor ......

ITC to buy Yoga Bar maker

Consumer

17 January, 2023

ITC to buy Yoga Bar maker

ITC Ltd, on Tuesday said it is set to acquire 100% stake over a three-to-four-year period in Sproutlife Foods Private ......

ADB invests $25 million in Quadria Capital's third fund

Consumer

17 January, 2023

ADB invests $25 million in Quadria Capital's third fund

The Asian Development Bank on Tuesday announced a $25 million (Rs 204.4 crore) equity investment in Quadria Capital Fund......

Byju's rolls out new sales strategy in answer to mis-selling concerns

Consumer

16 January, 2023

Byju's rolls out new sales strategy in answer to mis-selling concerns

Edtech decacorn Byju’s has rolled out a new internal sales strategy to replace existing direct sales in a bid to ......

Google-backed Dunzo fires 3% staff

Consumer

16 January, 2023

Google-backed Dunzo fires 3% staff

Google-backed delivery platform Dunzo has laid off 3% of its workforce last week citing restructuring, joining the long ......

NIIF to invest ₹400 crore in Lighthouse India's fourth fund

Consumer

16 January, 2023

NIIF to invest ₹400 crore in Lighthouse India's fourth fund

National Investment and Infrastructure Fund Ltd’s (NIIF) Fund of Funds has announced an anchor commitment of Rs 400 ......

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Former ICICI Venture, Tano Capital execs float consumer fund

Consumer

13 January, 2023

Former ICICI Venture, Tano Capital execs float consumer fund

Former investment managers at ICICI Venture and Tano Capital have floated early-stage venture firm Prath Ventures to ......

Goat Brand acquires PE-backed Chumbak

Consumer

12 January, 2023

Goat Brand acquires PE-backed Chumbak

Direct-to-consumer (D2C) brand aggregator GOAT Brand Labs on Thursday said it has acquired home and lifestyle brand ......

Ola set to shut neobanking platform, integrate ops with Ola Money

Consumer

11 January, 2023

Ola set to shut neobanking platform, integrate ops with Ola Money

Ride-hailing aggregator Ola Cabs, operated by ANI Technologies Pvt Ltd, may shut operations of its neobanking platform ......

Virtual reality firm SmartVizX raises funding from World V, YourNest, others

Consumer

11 January, 2023

Virtual reality firm SmartVizX raises funding from World V, YourNest, others

Virtual reality (VR) startup SmartVizX has secured $2 million (around Rs 16 crore) as a part of its Series A ......

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