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

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Mattress maker Peps Industries in talks with US, UK investors for stake sale

Consumer

14 January, 2020

Mattress maker Peps Industries in talks with US, UK investors for stake sale

Peps Industries Pvt. Ltd, which makes spring mattresses, is in discussions with two US private equity firms and a UK-based ......

Verlinvest backs beauty e-tailer Purplle in extended Series C funding round

Consumer

13 January, 2020

Verlinvest backs beauty e-tailer Purplle in extended Series C funding round

Manash Lifestyle Pvt. Ltd, which operates beauty products and services marketplace Purplle.com, has raised Rs 56 crore ($8 million)...

Walmart sacks 56 executives in India restructuring

Consumer

13 January, 2020

Walmart sacks 56 executives in India restructuring

Walmart Inc, the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in ......

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Senco Gold's Suvankar Sen on growth plans, tackling liquidity crunch and more

Consumer

10 January, 2020

Senco Gold's Suvankar Sen on growth plans, tackling liquidity crunch and more

When Kolkata-based jeweller Senco Gold Ltd started in 1994, it had just three stores. It accelerated its pace of growth ......

Sequoia leads Series B funding in Mamaearth as seed investors exit

Consumer

09 January, 2020

Sequoia leads Series B funding in Mamaearth as seed investors exit

Honasa Consumer Pvt. Ltd, which operates fast-moving consumer goods brand Mamaearth, has raised Rs 130 crore (approximately $18.2...

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Value lens: Why Park Hotels may command a premium IPO price tag

Consumer

08 January, 2020

Value lens: Why Park Hotels may command a premium IPO price tag

Apeejay Surrendra Park Hotels Ltd, which owns hotels under The Park brand and is preparing to float an initial public ......

FMCG brand Rage Coffee raises funding from Refex, Keiretsu Forum

Consumer

07 January, 2020

FMCG brand Rage Coffee raises funding from Refex, Keiretsu Forum

Swmabhan Commerce Pvt. Ltd, which operates fast-moving consumer goods brand Rage Coffee, has raised funding from a clutch of investors...

Interior design firm SuperSurfaces raises angel funding

Consumer

03 January, 2020

Interior design firm SuperSurfaces raises angel funding

SuperSurfaces India Pvt. Ltd, an interior design company focussed on luxury wall and surface finishing, has raised $500,000 (approximately...

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Mahindra Partners bets on leisure boating services firm

Consumer

03 January, 2020

Mahindra Partners bets on leisure boating services firm

Mahindra Partners, the private equity arm of diversified Mahindra Group, has invested in a leisure sailing and boating services...

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Accel, Matrix Partners bet on education startup

Consumer

02 January, 2020

Accel, Matrix Partners bet on education startup

Venture capital firms Accel and Matrix Partners India have invested in an education startup, a person familiar with the development...

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