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Consumer

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

Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com...

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Flipkart eyes investment in fashion firm touting brands endorsed by celebrities

Consumer

09 September, 2020

Flipkart eyes investment in fashion firm touting brands endorsed by celebrities

Walmart-owned e-commerce giant Flipkart is planning to invest in a fashion startup, a person in the know told VCCircle. The...

After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Consumer

09 September, 2020

After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Reliance Industries Ltd said Wednesday private equity firm Silver Lake will invest Rs 7,500 crore ($1.02 billion) in its retail...

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Value Lens: Why Norway's Orkla cooked up underspiced deal in the very land of spices

Consumer

07 September, 2020

Value Lens: Why Norway's Orkla cooked up underspiced deal in the very land of spices

The land of spices Kerala has just seen a heavily discounted control deal for its biggest spice maker Eastern Condiments ......

SAIF-backed Manpasand Beverages draws SEBI ire for governance lapses

Consumer

07 September, 2020

SAIF-backed Manpasand Beverages draws SEBI ire for governance lapses

The capital markets regulator Securities and Exchange Board of India (SEBI) has pulled up fruit juice maker Manpasand Beverages...

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Personal care brand mCaffeine gets funding kick from mid-market PE firm

Consumer

04 September, 2020

Personal care brand mCaffeine gets funding kick from mid-market PE firm

Personal care brand mCaffeine is set to finalise its Series B round of funding led by a homegrown mid-market private ......

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Consumer

04 September, 2020

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Norwegian consumer goods maker Orkla has decided to acquire a majority stake in Eastern Condiments Pvt. Ltd and merge it ......

Consumer electronics maker boAt pulls in venture debt from InnoVen

Consumer

01 September, 2020

Consumer electronics maker boAt pulls in venture debt from InnoVen

Imagine Marketing Pvt. Ltd, a startup that makes consumer electronics products under the boAt brand, has raised Rs 25 crore ......

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Lotus Herbals snaps up ayurvedic cosmetics maker for over $13 mn

Consumer

31 August, 2020

Lotus Herbals snaps up ayurvedic cosmetics maker for over $13 mn

Lotus Herbals Pvt. Ltd, one of the leaders in cosmetics segment in India, has bought a Delhi-based personal care brand ......

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Sequoia-backed Mamaearth dials PE firms for Series C cheque

Consumer

31 August, 2020

Sequoia-backed Mamaearth dials PE firms for Series C cheque

Honasa Consumer Pvt. Ltd, which owns fast-moving consumer goods brand Mamaearth, is in early stage of talks with several homegrown...

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