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Consumer

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

Swiggy to buy back up to $23 mn worth of ESOPs

Consumer

30 June, 2022

Swiggy to buy back up to $23 mn worth of ESOPs

Online food delivery aggregator Swiggy on Thursday said that it will buy back shares up to $23 million issued under...

Ananta Capital picks up majority stake in mattress maker Springwel

Consumer

30 June, 2022

Ananta Capital picks up majority stake in mattress maker Springwel

Sector-agnostic investment firm Ananta Capital has acquired a majority stake in mattress and sleep solutions brand, Springwel...

Lenskart snaps up Japanese brand in its debut global M&A deal

Consumer

30 June, 2022

Lenskart snaps up Japanese brand in its debut global M&A deal

Leading eyewear unicorn Lenskart has picked up a controlling stake in Japanese direct-to-consumer (D2C) eyewear brand Owndays,...

Retail tech platform Arzooo raises Series B funding from Japan's SBI, others

Consumer

29 June, 2022

Retail tech platform Arzooo raises Series B funding from Japan's SBI, others

Sterne India Pvt. Ltd, which operates retail-technology platform Arzooo, has raised $70 million (around Rs 539 crore) in a Series...

Matrix-backed snacks startup Open Secret pockets Series B cheque

Consumer

28 June, 2022

Matrix-backed snacks startup Open Secret pockets Series B cheque

Healthy snacks startup, Open Secret has raised $10 million (Rs 78 crore) in a Series B round of funding led ......

PE-backed TTK Prestige to acquire 51% stake in modular kitchen solutions firm

Consumer

27 June, 2022

PE-backed TTK Prestige to acquire 51% stake in modular kitchen solutions firm

Private equity player Nalanda Capital-backed TTK Prestige has announced acquisition of 51% equity stake in Ultrafresh, an end-to-end...

Belgium's Azelis acquires majority stake in Ashapura Aromas

Consumer

27 June, 2022

Belgium's Azelis acquires majority stake in Ashapura Aromas

Azelis, a specialty chemicals and ingredients focused firm, has reached an agreement to acquire a majority stake in the aroma...

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RIL set to raise funds for pharma chain Boots' buyout, sources say

Consumer

27 June, 2022

RIL set to raise funds for pharma chain Boots' buyout, sources say

Reliance Industries Ltd (RIL) is in talks with a clutch of global banks to raise $8 billion for its planned ......

Zomato to acquire Blinkit for $569 mn

Consumer

24 June, 2022

Zomato to acquire Blinkit for $569 mn

Online food aggregator and delivery platform Zomato on Friday said its board has agreed to acquire quick commerce startup Blinkit...

Malpani Group partners Aditya Birla ARC to acquire PE-backed stressed Imagicaaworld

Consumer

24 June, 2022

Malpani Group partners Aditya Birla ARC to acquire PE-backed stressed Imagicaaworld

Maharashtra-based Malpani Group has acquired majority stake in Jacob Ballas-backed Imagicaaworld Entertainment Ltd. (Imagicaa)...

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