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Consumer

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

Solethreads, CredFlow, Vidyakul, others raise funding

Consumer

14 April, 2021

Solethreads, CredFlow, Vidyakul, others raise funding

Gurugram-based Solethreads, a youth-centric footwear brand, has raised Rs 13 crore in its Series A round of funding led by ......

Fraud-hit sugar maker faces the crusher as company ordered for liquidation

Consumer

13 April, 2021

Fraud-hit sugar maker faces the crusher as company ordered for liquidation

Tamil Nadu’s fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation after lenders failed to receive any viable revival...

Yarn maker Sintex Industries enters bankruptcy on creditor plea

Consumer

12 April, 2021

Yarn maker Sintex Industries enters bankruptcy on creditor plea

An insolvency tribunal has admitted fraud-hit textile and yarn manufacturer Sintex Industries on a plea by Invesco Asset Management...

Pandemic pushes India's passenger vehicle sales to six-year low

Consumer

12 April, 2021

Pandemic pushes India's passenger vehicle sales to six-year low

India's total domestic passenger vehicle sales rose 115.2% in March, data from an auto industry body showed on Monday, but...

Tesla scouts for showroom space in India, hires executive for lobbying

Consumer

08 April, 2021

Tesla scouts for showroom space in India, hires executive for lobbying

Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead ......

ChrysCapital buys minority stake in WOW Skin Science in primary and secondary deal

Consumer

08 April, 2021

ChrysCapital buys minority stake in WOW Skin Science in primary and secondary deal

Homegrown private equity firm ChrysCapital has invested $50 million(Rs 371 crore) in skincare care and wellness brand WOW Skin...

Faad Network leads angel round in diabetes-focused FMCG brand Sugar Watchers

Consumer

08 April, 2021

Faad Network leads angel round in diabetes-focused FMCG brand Sugar Watchers

Sugar Watchers, an FMCG brand aimed at managing diabetes and obesity, has raised an angel round of funding, its cofounder ......

Refex Capital leads round in Rage Coffee; Prime Securities invests in Fantasy Akhada

Consumer

07 April, 2021

Refex Capital leads round in Rage Coffee; Prime Securities invests in Fantasy Akhada

Rage Coffee, a Delhi-based company that manufactures, markets, and distributes packaged coffee products, has raised growth capital...

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Lightbox-backed Bombay Shirt Company gets venture debt

Consumer

05 April, 2021

Lightbox-backed Bombay Shirt Company gets venture debt

Apparel brand Bombay Shirt Company, backed by venture capital firm Lightbox, has raised venture debt, a person in the know ......

Sixth Sense Ventures, World Bank's IFC to invest in listed Parag Milk

Consumer

05 April, 2021

Sixth Sense Ventures, World Bank's IFC to invest in listed Parag Milk

Consumer-focused venture capital firm Sixth Sense Ventures will bet on Parag Milk Foods Ltd while promoters and World Bank’s...

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