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

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A Delhi govt initiative seeds spirit of enterprise in teens

Consumer

18 January, 2022

A Delhi govt initiative seeds spirit of enterprise in teens

Marjina, 18, manufacturers ready-to-wear sarees, while another 18-year-old, Mohammad Sahil is making affordable air filters specifically...

Purplle raises $34 mn from Sequoia affiliate at more than $700 mn valuation

Consumer

17 January, 2022

Purplle raises $34 mn from Sequoia affiliate at more than $700 mn valuation

Online beauty products marketplace Purplle, operated by Mumbai-based Manash Lifestyle Pvt Ltd, has raised a little over $34 million...

D2C fashion platform Cloud Tailor raises capital

Consumer

17 January, 2022

D2C fashion platform Cloud Tailor raises capital

Cloud Tailor, a direct-to-consumer (D2C) platform that enables personalised women’s fashion, has raised $1 million (around...

G.O.A.T Brand Labs acquires 90% stake in fashion and lifestyle brand The Label Life

Consumer

17 January, 2022

G.O.A.T Brand Labs acquires 90% stake in fashion and lifestyle brand The Label Life

Bengaluru-based G.O.A.T Brand Labs has acquired a 90% stake in The Label Life, a women’s fashion and lifestyle brand, for...

Grain commerce platform Arya.ag raises $60 mn from Asia Impact SA, others

Consumer

18 January, 2022

Grain commerce platform Arya.ag raises $60 mn from Asia Impact SA, others

Arya.ag, one of India’s largest integrated grain commerce platforms, has raised $60 million in a mix of equity and debt...

upGrad net loss widens as advertising expenses jump twofold in FY21

Consumer

17 January, 2022

upGrad net loss widens as advertising expenses jump twofold in FY21

Ronnie Screwvala-led edtech firm upGrad Education Pvt Ltd’s net loss widened nearly threefold...

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'Loyalty is difficult to build in the D2C platform': Apratim Majumder, CMO, Good Glamm Group

Consumer

17 January, 2022

'Loyalty is difficult to build in the D2C platform': Apratim Majumder, CMO, Good Glamm Group

Apratim Majumder, chief marketing officer at the Good Glamm Group, believes it’s important for direct-to-consumer brands...

IPO-bound Pepperfry net loss narrows even as revenues dip

Consumer

14 January, 2022

IPO-bound Pepperfry net loss narrows even as revenues dip

Ahead of going public for listing, furniture marketplace Pepperfry narrowed its net losses by over one-third in...

Thrasio sets aside Rs 3,750 cr to acquire digital-first brands

Consumer

14 January, 2022

Thrasio sets aside Rs 3,750 cr to acquire digital-first brands

Thrasio Holdings, Inc. has taken a majority stake in Hero Group-backed Lifelong Online through which it will acquire "promising,...

Rebel Foods net loss narrows as expenses dip over 25% in FY21

Consumer

14 January, 2022

Rebel Foods net loss narrows as expenses dip over 25% in FY21

Quick service restaurant (QSR) company Rebel Foods Pvt Ltd’s net loss narrowed in 2020-21 (FY21) from...

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