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

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AION Capital exits bottling company with benchmark returns

Consumer

17 April, 2019

AION Capital exits bottling company with benchmark returns

Special situations private equity firm AION Capital has scored benchmark returns by exiting its three-and-a-half year investment...

Mumbai Angels Network backs skincare products firm Dr Sheth's

Consumer

17 April, 2019

Mumbai Angels Network backs skincare products firm Dr Sheth's

The Mumbai Angels Network has led an investment of Rs 4 crore (around $625,000) in Dr Sheth’s, a skincare products ......

Reliance Industries eyes acquisition of British toymaker Hamleys

Consumer

17 April, 2019

Reliance Industries eyes acquisition of British toymaker Hamleys

Reliance Industries Ltd is in talks to buy British toy store chain Hamleys, business news website Moneycontrol reported on Wednesday...

TPG-led consortium to acquire stake in jewellery brand APM Monaco

Consumer

17 April, 2019

TPG-led consortium to acquire stake in jewellery brand APM Monaco

Private equity firm TPG Capital Management LP said on Wednesday it is leading a group of investors to buy 30 ......

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Private equity firm Creador ups stake in consumer-facing Indian company

Consumer

17 April, 2019

Private equity firm Creador ups stake in consumer-facing Indian company

South- and Southeast Asia-focussed private equity firm Creador has increased its stake in a consumer-facing company that’s...

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PE-backed Kurl-on buys international brand licensee to expand premium mattress biz

Consumer

16 April, 2019

PE-backed Kurl-on buys international brand licensee to expand premium mattress biz

Mattress maker Kurlon Enterprise Ltd has acquired an international mattress brand’s licensee in some countries to strengthen...

Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation

Consumer

16 April, 2019

Fugitive diamantaire Mehul Choksi's Gitanjali Gems heads for liquidation

Absconding diamantaire Mehul Choksi-promoted Gitanjali Gems Ltd is headed for liquidation after a majority of its lenders decided...

Mcleod Russel to fully exit Rwanda tea estate

Consumer

15 April, 2019

Mcleod Russel to fully exit Rwanda tea estate

Mcleod Russel India Ltd has decided to sell its remaining stake in a Rwandan tea estate, as the plantation company ......

AB InBev hires two more investment banks for $5 bn Asian IPO

Consumer

15 April, 2019

AB InBev hires two more investment banks for $5 bn Asian IPO

The world's biggest brewer, Anheuser-Busch InBev, has added Citigroup and Bank of America Merrill Lynch to the team of banks...

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Exclusive: Cold-pressed juice brand RAW Pressery raises growth capital from PE fund

Consumer

15 April, 2019

Exclusive: Cold-pressed juice brand RAW Pressery raises growth capital from PE fund

Cold-pressed juices maker RAW Pressery has diluted its minority stake to raise capital from a foreign investor, two people privy...

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