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