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

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Byju's-owned Aakash Educational targets over 40% jump in revenue in FY23, eyes acquisitions

Consumer

24 May, 2022

Byju's-owned Aakash Educational targets over 40% jump in revenue in FY23, eyes acquisitions

Aakash Educational Services Ltd (AESL), owned by the edtech giant Byju’s, is targeting over 40% growth in its revenue to...

GIC to invest up to Rs 2,195 cr in Aditya Birla's fashion arm for 7.5% stake

Consumer

24 May, 2022

GIC to invest up to Rs 2,195 cr in Aditya Birla's fashion arm for 7.5% stake

Fashion retailer Aditya Birla Fashion and Retail Ltd. (ABFRL) on Tuesday said its board has approved raising up to Rs 2,195...

1K Kirana raises $25 mn from Alpha Wave Ventures, others

Consumer

23 May, 2022

1K Kirana raises $25 mn from Alpha Wave Ventures, others

Odicea Distribution Technologies Pvt. Ltd, which runs the offline to online neighborhood store network 1K Kirana, on Monday said...

Skincare brand RAS Luxury Oils raises fresh capital from Sixth Sense Ventures

Consumer

23 May, 2022

Skincare brand RAS Luxury Oils raises fresh capital from Sixth Sense Ventures

Ras Beauty Pvt. Ltd, which operates beauty and personal care (BPC) brand RAS Luxury Oils, on Monday said it has ......

Baby products firm SuperBottoms snags $3 mn from Venture Catalysts, Saama Capital, others

Consumer

23 May, 2022

Baby products firm SuperBottoms snags $3 mn from Venture Catalysts, Saama Capital, others

Navashya Consumer Products Pvt Ltd, which runs reusable diaper brand SuperBottoms, has raised $3 million (around Rs...

Wakefit posts 50% jump in revenue in FY22; aims to achieve break-even in FY24

Consumer

21 May, 2022

Wakefit posts 50% jump in revenue in FY22; aims to achieve break-even in FY24

Mattress maker and home solutions company, Wakefit Innovations Pvt. Ltd has posted over a 50% jump in its revenue to ......

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UAE-based Foundation Holdings mulls an evergreen fund

Consumer

19 May, 2022

UAE-based Foundation Holdings mulls an evergreen fund

UAE-based multi-family office investment firm, Foundation Holdings is planning to launch an evergreen fund in the next 1 year,...

Elevation Capital, Eight Roads Ventures co-lead $15 mn round in D2C brand BlissClub

Consumer

18 May, 2022

Elevation Capital, Eight Roads Ventures co-lead $15 mn round in D2C brand BlissClub

Women’s activewear direct-to-consumer (D2C) brand BlissClub Fitness Pvt Ltd, on Wednesday said it has raised $15 million...

Wow Skin Science attracts Singapore's GIC as new investor

Consumer

18 May, 2022

Wow Skin Science attracts Singapore's GIC as new investor

Skincare and wellness brand Wow Skin Science on Wednesday said it is raising primary capital from Singapore’s sovereign...

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Falling pay-outs, high fuel costs force delivery execs to ride out of food aggregators

Consumer

18 May, 2022

Falling pay-outs, high fuel costs force delivery execs to ride out of food aggregators

A few Sundays ago, for the first time in many years, Md. Annu took his family out. They went to ......

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