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Consumer

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

Wow! Momo secures debt funding from Anicut Capital

Consumer

13 October, 2020

Wow! Momo secures debt funding from Anicut Capital

Quick-service restaurant (QSR) chain Wow! Momo has raised Rs 45 crore ($6.1 million) in a debt round of funding from ......

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Unilever's former exec for eastern Europe to head Raymond Lifestyle

Consumer

12 October, 2020

Unilever's former exec for eastern Europe to head Raymond Lifestyle

Mumbai-based textile and apparel maker Raymond Ltd said on Monday it has appointed a former senior executive of fast-moving consumer...

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Times Group-backed innerwear maker heads for liquidation

Consumer

12 October, 2020

Times Group-backed innerwear maker heads for liquidation

A Mumbai-based innerwear firm backed by Times Group, which publishes The Times of India newspaper and owns news channels and ......

Mahindra Holidays picks up a stake in adventure camps brand Rocksport

Consumer

09 October, 2020

Mahindra Holidays picks up a stake in adventure camps brand Rocksport

Mahindra Holidays & Resorts India Ltd has picked up a minority stake in adventure sports programmes provider Rocksport, as...

Treebo Hotels raises $6 mn from Matrix Partners, others

Consumer

09 October, 2020

Treebo Hotels raises $6 mn from Matrix Partners, others

Ruptub Solutions Pvt Ltd, which operates hotel and hospitality chain Treebo Hotels, has raised $6 million (about Rs 44 crore)...

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Reliance sets sight on another retailer as Future Group deal hits hurdle

Consumer

08 October, 2020

Reliance sets sight on another retailer as Future Group deal hits hurdle

Billionaire Mukesh Ambani-led Reliance Industries Ltd is looking into the possibility of acquiring another retailer even as its...

Jet Airways' fate still uncertain as confusion prevails over winning bid

Consumer

08 October, 2020

Jet Airways' fate still uncertain as confusion prevails over winning bid

Confusion reigned over the bidding for bankrupt Jet Airways as a consortium dismissed a report quoting an executive as saying...

Amazon sends legal notice to Future Group over Reliance deal

Consumer

08 October, 2020

Amazon sends legal notice to Future Group over Reliance deal

Amazon.com Inc said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian ......

Saudi PIF seeks stake in Indian-origin businessman's UAE supermarket chain Lulu

Consumer

07 October, 2020

Saudi PIF seeks stake in Indian-origin businessman's UAE supermarket chain Lulu

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is in early discussions to buy a stake in supermarket...

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance...

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