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Consumer

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

WestBridge leads $55 mn Series B round in Rapido

Consumer

27 August, 2019

WestBridge leads $55 mn Series B round in Rapido

Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised Rs 391 crore ($54.6 million...

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Unitus-backed staffing firm Awign gets new investor

Consumer

27 August, 2019

Unitus-backed staffing firm Awign gets new investor

Awign Enterprises Pvt. Ltd, a Bengaluru-based operations and sales outsourcing startup, has raised its Series A round of funding...

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

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Farzi Cafe owner Zorawar Kalra on expansion, challenges, food platforms & more

Consumer

23 August, 2019

Farzi Cafe owner Zorawar Kalra on expansion, challenges, food platforms & more

Massive Restaurants Pvt. Ltd, the operator of fine- and casual-dining chains such as Masala Library and Farzi Café, has stepped ......

Haldiram Prabhuji acquires The Coffee Bean, Gelato

Consumer

23 August, 2019

Haldiram Prabhuji acquires The Coffee Bean, Gelato

Haldiram Prabhuji, a faction of the Haldiram group which caters to eastern India, has acquired two brands from Everstone Capital...

FreshMenu founder, others pump angel money in Lo! Foods

Consumer

23 August, 2019

FreshMenu founder, others pump angel money in Lo! Foods

Lo! Foods, which offers low-carb food products for Indian consumers, said it has raised Rs 3.5 crore ($500,000) from a ......

Amazon picking up 3.5% beneficial stake in Future Retail worth well over $100 mn

Consumer

23 August, 2019

Amazon picking up 3.5% beneficial stake in Future Retail worth well over $100 mn

Ecommerce giant Amazon Inc is picking an indirect stake in Future Retail Ltd that runs hypermarket chain big Bazaar among ......

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Online ticketing giant IRCTC eyes sub-$1 bn valuation in IPO as business model pivots

Consumer

22 August, 2019

Online ticketing giant IRCTC eyes sub-$1 bn valuation in IPO as business model pivots

The Indian Railway Catering and Tourism Corp. (IRCTC) Ltd, which started as a captive online ticketing service for the world’s...

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A91 Partners in talks to invest in consumer-tech firm

Consumer

21 August, 2019

A91 Partners in talks to invest in consumer-tech firm

A91 Partners, a venture capital firm floated last year by former Sequoia Capital executives, is in talks for a potential ......

Parle could lay off 10,000 workers amid slowdown

Consumer

21 August, 2019

Parle could lay off 10,000 workers amid slowdown

Parle Products Pvt Ltd, India’s largest biscuit maker, may be forced to lay off up to 10,000 workers if a ......

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