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

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Aditya Birla fashion unit to buy majority stakes in three brands

Consumer

21 October, 2022

Aditya Birla fashion unit to buy majority stakes in three brands

TMRW, a wholly-owned unit of Aditya Birla Fashion Retail Ltd, is all set to buy majority stakes in three startups, ......

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Wellness Forever to defer IPO on volatile market

Consumer

20 October, 2022

Wellness Forever to defer IPO on volatile market

Omni-channel retail pharmacy Wellness Forever Medicare Pvt. Ltd is set to follow on the footsteps of PharmEasy and delay......

ITC raises stake to 22% in D2C brand Mother Sparsh

Consumer

19 October, 2022

ITC raises stake to 22% in D2C brand Mother Sparsh

Hotel-to-cigarette conglomerate ITC Ltd has agreed to invest Rs 13.50 crore in direct-to-consumer (D2C) ayurvedic and ......

Fintech startup Snapmint snags $21 mn in Northern Arc-led round

Consumer

17 October, 2022

Fintech startup Snapmint snags $21 mn in Northern Arc-led round

Snapmint Credit Advisory, which runs fintech startup Snapmint, has secured $21 million (around Rs 168 crore) in a mix of......

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HUL looks to buy two firms, widen product portfolio

Consumer

17 October, 2022

HUL looks to buy two firms, widen product portfolio

Hindustan Unilever Ltd (HUL) is in talks to acquire majority stakes in direct-to-consumer brands Wellbeing Nutrition and......

Nykaa-backed Earth Rhythm to open offline stores

Consumer

14 October, 2022

Nykaa-backed Earth Rhythm to open offline stores

Direct-to-consumer beauty brand Earth Rhythm is expanding its sales to offline stores by opening kiosks in the country......

Everstone explores stake sale in India, Indonesia's Burger King franchise

Consumer

14 October, 2022

Everstone explores stake sale in India, Indonesia's Burger King franchise

Private equity firm Everstone Capital is considering selling its stake worth $314 million in Restaurant Brands Asia Ltd......

Ixigo reports profit in Q1 ahead of IPO

Consumer

14 October, 2022

Ixigo reports profit in Q1 ahead of IPO

Online travel platform Ixigo returned to profitability in the June quarter, ahead of its proposed initial public ......

Ixigo back to profitability in Q1 ahead of IPO

Consumer

13 October, 2022

Ixigo back to profitability in Q1 ahead of IPO

Online travel platform Ixigo turned back to profitability in the first quarter of FY23, announcing financial numbers ......

Supernova, Wickedgood, Terra Food raise early-stage funding

Consumer

13 October, 2022

Supernova, Wickedgood, Terra Food raise early-stage funding

Gaming-focused edtech startup Supernova has raised $1.1 million led by gaming-focused venture fund Lumikai. The round......

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