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

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Ankur Capital invests in healthy snacks maker

Consumer

02 July, 2019

Ankur Capital invests in healthy snacks maker

Ankur Capital has backed a company based out of north India that makes healthy snacks, a person privy to the ......

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Company watch: Gaja Capital-backed CL Educate on the mend after three-year profit fall

Consumer

02 July, 2019

Company watch: Gaja Capital-backed CL Educate on the mend after three-year profit fall

CL Educate Ltd’s net profit rose for the first time in four years in 2018-19 and its revenue growth accelerated, ......

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Consumer

01 July, 2019

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Lemon Tree Hotels Ltd, which operates an eponymous mid-range hotel chain, is acquiring Keys Hotels for Rs 471 crore ($68.2 ......

Bessemer leads funding in beauty brand MyGlamm

Consumer

27 June, 2019

Bessemer leads funding in beauty brand MyGlamm

Beauty and makeup products brand MyGlamm has raised Rs 100 crore ($14.42 million) in a funding round led by US-headquartered ......

Ravi Jaipuria's Devyani International buys 61 more KFC outlets in India

Consumer

25 June, 2019

Ravi Jaipuria's Devyani International buys 61 more KFC outlets in India

Devyani International, the largest franchisee for Pizza Hut and KFC (Kentucky Fried Chicken) in India, has bought 61 more outlets...

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Mohan Goenka on how Emami plans to monetise non-core businesses

Consumer

25 June, 2019

Mohan Goenka on how Emami plans to monetise non-core businesses

Paring debt is currently the primary focus of the Emami Group, whose promoters offloaded a 10% stake in flagship company ......

Emami promoters sell another 10% stake to pare debt

Consumer

24 June, 2019

Emami promoters sell another 10% stake to pare debt

Kolkata-based Emami Ltd’s promoters have offloaded a 10% stake in the fast-moving consumer goods maker in the second such...

Mahesh Bhupathi's beauty products startup gets funding from Unilever Ventures

Consumer

24 June, 2019

Mahesh Bhupathi's beauty products startup gets funding from Unilever Ventures

Scentials Beauty Care and Wellness Pvt. Ltd, which mainly offers beauty products endorsed by celebrities, has raised Rs 25 crore...

Walmart pays $282 mn to settle bribery probes in India, other countries

Consumer

21 June, 2019

Walmart pays $282 mn to settle bribery probes in India, other countries

Walmart Inc said on Thursday it will pay $282 million to settle a seven-year-long investigation into whether its overseas units...

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Consumer

20 June, 2019

Biryani By Kilo pockets Series A cheque from IvyCap Ventures

Biryani By Kilo, a delivery-focussed restaurant chain, has raised Rs 30 crore ($4.3 million) in its Series A round of ......

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