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Consumer

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

Harley-Davidson exits India, books fresh restructuring costs

Consumer

24 September, 2020

Harley-Davidson exits India, books fresh restructuring costs

U.S. motorcycle maker Harley-Davidson said on Thursday it expects to report $75 million in additional restructuring costs for...

Cricket-focussed sports coaching venture RKade pulls in seed funding

Consumer

24 September, 2020

Cricket-focussed sports coaching venture RKade pulls in seed funding

RKade Cricket Academy, a sports coaching venture focussed on providing grassroots- and advanced-level training, has raised seed...

Facebook co-founder, others invest in fast-fashion brand Hopscotch

Consumer

24 September, 2020

Facebook co-founder, others invest in fast-fashion brand Hopscotch

Hit the Mark Inc., which operates children-focussed fast fashion brand Hopscotch, has raised $25 million (Rs 184.7 crore), according...

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Food firm Happilo in talks with West Asian fund, others for first institutional funding

Consumer

24 September, 2020

Food firm Happilo in talks with West Asian fund, others for first institutional funding

Healthy snacks brand Happilo is in discussions with several private equity firms including a West Asian fund to raise its ......

Grapevine: Reliance in race to buy British retailer Debenhams

Consumer

24 September, 2020

Grapevine: Reliance in race to buy British retailer Debenhams

Billionaire Mukesh Ambani-led Reliance Retail has emerged as a surprise contender to acquire part or all of the 242-year-old UK-based...

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Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Consumer

23 September, 2020

Consumer firms scarred in June quarter as shoppers swerve most in pandemic

Nine in 10 Indian listed consumer-focussed companies recorded a decline in sales during the April-June quarter that saw the full...

KKR to invest $755 mn in Reliance Retail Ventures

Consumer

23 September, 2020

KKR to invest $755 mn in Reliance Retail Ventures

Private equity giant KKR & Co. Inc, which recently struck its biggest Asia deal by investing in Reliance Industries Ltd’s...

After-sales services firm Onsitego raises funding from IFC in extended Series B round

Consumer

22 September, 2020

After-sales services firm Onsitego raises funding from IFC in extended Series B round

After-sales services firm Onsitego has raised funding from World Bank’s International Finance Corporation (IFC) as part...

Amicus Capital leads Series B funding for personal care startup mCaffeine

Consumer

22 September, 2020

Amicus Capital leads Series B funding for personal care startup mCaffeine

Personal care brand mCaffeine has raised $5.7 million (Rs 42 crore) in its Series B round of funding led by ......

Dairy firm Kwality under investigation for alleged $190 mn fraud

Consumer

22 September, 2020

Dairy firm Kwality under investigation for alleged $190 mn fraud

India’s federal police on Monday said they had registered a case against dairy company Kwality Ltd and its directors for...

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