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

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PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Consumer

30 September, 2019

PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

Sapphire Foods India Pvt. Ltd has acquired the stake it didn’t already own in a franchisee of Pizza Hut and ......

Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut

Consumer

30 September, 2019

Budweiser maker AB InBev's Asia unit gains in Hong Kong trading debut

Shares in AB InBev’s Asia-Pacific unit, which last week raised about $5 billion after relaunching its initial public offering...

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How mattress e-tailer Wakefit's founders tasted success after three failures

Consumer

27 September, 2019

How mattress e-tailer Wakefit's founders tasted success after three failures

It isn’t usually easy for entrepreneurs to get investors to back their business ideas. It’s even harder if the entrepreneurs...

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Why VC-backed meat and fish e-tailer Licious is going offline

Consumer

27 September, 2019

Why VC-backed meat and fish e-tailer Licious is going offline

Online meat and fish ordering platform Licious, operated by Delightful Gourmet Pvt. Ltd, raised $50 million in its Series C ......

Brookfield inches closer to buying Hotel Leelaventures as SAT rejects ITC's appeal

Consumer

26 September, 2019

Brookfield inches closer to buying Hotel Leelaventures as SAT rejects ITC's appeal

Canadian investment firm Brookfield Asset Management Inc. is a step closer to acquiring Hotel Leelaventures Ltd as the Securities...

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Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Consumer

25 September, 2019

Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Gurugram-headquartered company SAMHI Hotels Ltd, which owns the largest number of hotels chains of Marriot, IHG and Hyatt in India,...

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Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Consumer

25 September, 2019

Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Sunshine Teahouse Pvt. Ltd, which runs tea café chain Chaayos, has raised fresh capital at a higher valuation, a person...

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Warburg Pincus checks out of hospitality firm with dull returns

Consumer

25 September, 2019

Warburg Pincus checks out of hospitality firm with dull returns

American private equity giant Warburg Pincus has fully exited its 13-year-old investment in mid-market hotel chain Lemon Tree...

Regional cuisine-focussed cloud kitchen Zesty raises angel funding

Consumer

25 September, 2019

Regional cuisine-focussed cloud kitchen Zesty raises angel funding

Zesty Kitchen, a cloud kitchen focussed on regional cuisines, has raised Rs 3 crore (approximately $422,085 at current exchange...

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Trent to take control of European wholesaler's India unit

Consumer

24 September, 2019

Trent to take control of European wholesaler's India unit

Tata Group company Trent Ltd is acquiring a majority stake in the local unit of a British cash-and-carry wholesaler in ......

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