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

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Gopal Snacks' founder buys brother's stake in company

Consumer

09 December, 2022

Gopal Snacks' founder buys brother's stake in company

Bipin Hadvani, founder of Gujarat’s Gopal Snacks Pvt. Ltd, has raised debt from a JM Financial entity to buy out ......

HUL to acquire stake in Fireside, Roha-backed Nutritionlab

Consumer

08 December, 2022

HUL to acquire stake in Fireside, Roha-backed Nutritionlab

Hindustan Unilever Limited (HUL) announced today that it is going to acquire 19.8% shareholding for ₹70 crore of ......

Shriji Polymers picks majority stake in Parekhplast India

Consumer

07 December, 2022

Shriji Polymers picks majority stake in Parekhplast India

Packaging solutions maker Shriji Polymers (India) Ltd on Wednesday acquired a majority stake in rigid plastic ......

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Investcorp to lead $45 mn round in Wakefit at ₹2.5K cr valuation

Consumer

07 December, 2022

Investcorp to lead $45 mn round in Wakefit at ₹2.5K cr valuation

Bahrain’s alternative investment firm Investcorp is set to lead a nearly $45 million round of equity funding in ......

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Arya.ag looking at two investments over next two quarters

Consumer

06 December, 2022

Arya.ag looking at two investments over next two quarters

Agritech startup Arya.ag, operated by Arya Collateral Warehousing Services Pvt. Ltd, is looking to make two strategic ......

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Moglix in talks to raise $100-150 mn

Consumer

06 December, 2022

Moglix in talks to raise $100-150 mn

Moglix, a business-to-business (B2B) e-commerce platform, is in talks to raise $100-$150 million from new and existing ......

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Morgan Stanley fund, IFU eye Suminter

Consumer

06 December, 2022

Morgan Stanley fund, IFU eye Suminter

North Haven India Infrastructure Fund, managed by Morgan Stanley Investment Management Inc., along with Denmark’s ......

The Good Glamm Group picks majority stake in Twinkle Khanna's Tweak India

Consumer

05 December, 2022

The Good Glamm Group picks majority stake in Twinkle Khanna's Tweak India

Parent of The Good Glamm Group, Sanghvi Beauty and Technologies, has acquired a 51% stake in digital media company Tweak......

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Consumer

01 December, 2022

US firm Perfect Day to invest in Sterling Biotech under bankruptcy; to invest 1.5x more

Perfect Day, a US-based food technology startup that acquired Gujarat-based Sterling Biotech through the liquidation ......

Alibaba sells 3% stake in Zomato

Consumer

01 December, 2022

Alibaba sells 3% stake in Zomato

Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery giant Zomato for ₹1,......

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