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Consumer

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

GSK sells $3.35 bn stake in Hindustan Unilever

Consumer

07 May, 2020

GSK sells $3.35 bn stake in Hindustan Unilever

GlaxoSmithKline is selling $3.45 billion worth of shares in Unilever's Indian business on the open market, according to a...

Sequoia-backed Stove Kraft gets SEBI nod for second attempt at IPO

Consumer

04 May, 2020

Sequoia-backed Stove Kraft gets SEBI nod for second attempt at IPO

Kitchen appliances manufacturer Stove Kraft Ltd has received regulatory nod to float an initial public offering, in what will...

Children-focused snacks startup Lil' Goodness secures seed funding

Consumer

04 May, 2020

Children-focused snacks startup Lil' Goodness secures seed funding

Happytizers Pvt. Ltd, a Bengaluru-based company that sells snacks for children under the Lil' Goodness brand, has raised Rs...

Mantra Capital backs fitness firm Sarva in maiden investment

Consumer

29 April, 2020

Mantra Capital backs fitness firm Sarva in maiden investment

The US- and India-based venture capital firm Mantra Capital has invested in yoga and wellness startup Sarva in an extension ......

Sequoia, Sofina lead bridge round in craft beer brand Bira 91

Consumer

27 April, 2020

Sequoia, Sofina lead bridge round in craft beer brand Bira 91

B9 Beverages Pvt. Ltd, which makes craft beer under the brand Bira 91, has raised $20 million (Rs 152 crore ......

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Ghai family scores big money by exiting food JV with American partner

Consumer

22 April, 2020

Ghai family scores big money by exiting food JV with American partner

The Ghai family, which is best known for co-creating the Kwality brand of ice creams before selling it to Unilever ......

Premium
Chinese private equity fund bets on India's largest beer maker

Consumer

21 April, 2020

Chinese private equity fund bets on India's largest beer maker

A Chinese private equity firm has invested in United Breweries Ltd as it sought to take advantage of a sharp ......

Native Angels Network leads investment in dairy products firm UzhavarBumi

Consumer

21 April, 2020

Native Angels Network leads investment in dairy products firm UzhavarBumi

UzhavarBumi Agro Products Pvt. Ltd, it is a dairy products company, has raised Rs 1.7 crore (around $221,686 at current ......

Faasos parent Rebel Foods gets big cheque in hectic week for VC dealmaking

Consumer

17 April, 2020

Faasos parent Rebel Foods gets big cheque in hectic week for VC dealmaking

Rebel Foods Pvt. Ltd, the operator of cloud kitchen-based brands Faasos and Behrouz Biryani, raised around $50 million from Coatue ......

Indian gold demand could hit three-decade low as lockdown hits festivals, weddings

Consumer

16 April, 2020

Indian gold demand could hit three-decade low as lockdown hits festivals, weddings

India’s gold consumption in 2020 could fall as much as 50% from a year ago to the lowest level in ......

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