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Consumer

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

Sleepwell mattress maker Sheela Foam to acquire Spanish firm Interplasp

Consumer

26 July, 2019

Sleepwell mattress maker Sheela Foam to acquire Spanish firm Interplasp

Sheela Foam Ltd said on Friday its board has approved a plan to acquire a majority stake in Spanish company ......

Patanjali gets NCLT nod to acquire Ruchi Soya, with conditions

Consumer

26 July, 2019

Patanjali gets NCLT nod to acquire Ruchi Soya, with conditions

The insolvency tribunal has okayed Baba Ramdev-led Patanjali Ayurved's bankruptcy resolution plan worth Rs 4,350 crore for...

SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh

Consumer

24 July, 2019

SEBI asks Hotel Leelaventure to seek shareholder nod for Brookfield deal afresh

The Securities and Exchange Board of India (SEBI) has ordered Hotel Leelaventure Ltd to seek shareholder approval for a multi-million-dollar...

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Former Aavishkaar exec's agri startup raises seed funding from two VC firms

Consumer

24 July, 2019

Former Aavishkaar exec's agri startup raises seed funding from two VC firms

Clover Ventures Pvt. Ltd, a food and vegetable producing startup set up by a former executive at impact investment firm ......

Carpediem-backed 1-India Family Mart appoints industry veteran as COO

Consumer

23 July, 2019

Carpediem-backed 1-India Family Mart appoints industry veteran as COO

Retain chain 1-India Family Mart, operated by Nysaa Retail Pvt. Ltd, has appointed Venugopal Konchada as its chief operating officer. Nysaa...

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Pioneering Ventures to take full control of Indian banana producer

Consumer

19 July, 2019

Pioneering Ventures to take full control of Indian banana producer

Agriculture and food-focussed investment firm Pioneering Ventures will take complete control of an Indian agri-food company that...

India's consumer goods growth slows as rural demand cools: Nielsen

Consumer

18 July, 2019

India's consumer goods growth slows as rural demand cools: Nielsen

India’s consumer goods industry is losing steam as spending in the country’s rural heartland cools and small manufacturers...

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Impact investor Lok Capital backs organic dairy firm

Consumer

17 July, 2019

Impact investor Lok Capital backs organic dairy firm

Impact venture capital firm Lok Capital has invested in a Karnataka-based company that produces and sells organic milk and dairy...

Coca-Cola India names new M&A head in management rejig

Consumer

16 July, 2019

Coca-Cola India names new M&A head in management rejig

Global beverages giant The Coca-Cola Company’s India and South West Asia unit has appointed Sarvita Sethi as vice president...

Aditya Birla Fashion to buy 51% stake in bespoke apparel brand Shantanu & Nikhil

Consumer

16 July, 2019

Aditya Birla Fashion to buy 51% stake in bespoke apparel brand Shantanu & Nikhil

Aditya Birla Fashion and Retail Ltd (ABFRL), a unit of Aditya Birla Group, has agreed to acquire a 51% stake ......

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