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Consumer

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

Crowdfunding platform 1Crowd backs smoothies brand

Consumer

15 June, 2018

Crowdfunding platform 1Crowd backs smoothies brand

Smoodies, which makes fruit and vegetable smoothies, has raised $500,000 (Rs 3.4 crore) in a pre-Series A round of investment ......

Packaged foods firm EGK raises pre-seed money

Consumer

15 June, 2018

Packaged foods firm EGK raises pre-seed money

EGK (Everyday Gourmet Kitchen) Foods Pvt. Ltd, which sells packaged crispy fried onions, has raised Rs 2 crore (around $300,000) ......

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Sixth Sense's Nikhil Vora backs gourmet food maker

Consumer

14 June, 2018

Sixth Sense's Nikhil Vora backs gourmet food maker

Nikhil Vora, founder of consumer sector-focussed venture capital firm Sixth Sense Ventures, has invested in a Mumbai-based specialty food ingredients ......

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Indian PE firm joins Morgan Stanley as co-investor in big-ticket education deal

Consumer

14 June, 2018

Indian PE firm joins Morgan Stanley as co-investor in big-ticket education deal

An Indian private equity firm has come in as a co-investor with Wall Street firm Morgan Stanley to ink what ......

Fabindia MD invests in Lighthouse-backed QSR chain Wow! Momo

Consumer

13 June, 2018

Fabindia MD invests in Lighthouse-backed QSR chain Wow! Momo

William Bissell, managing director of ethnic apparel retailer Fabindia, has invested Rs 3 crore (around $450,000) in quick service restaurant ......

With samosas and coconut-layered mattresses in cart, IKEA readies for India foray

Consumer

12 June, 2018

With samosas and coconut-layered mattresses in cart, IKEA readies for India foray

IKEA is set to open its first store in India next month, and the world’s biggest furniture retailer is localizing ......

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Multiples PE in talks to invest in restaurant chain

Consumer

12 June, 2018

Multiples PE in talks to invest in restaurant chain

Mid-market private equity firm Multiples Alternate Asset Management is looking to ink its first deal in the hospitality segment, two ......

The Connaught hotel, sealed off for 2 years, gets bids from Tatas, Byke, Sarovar

Consumer

11 June, 2018

The Connaught hotel, sealed off for 2 years, gets bids from Tatas, Byke, Sarovar

The Connaught, a 31-year premium Delhi hotel sealed off for two years after murder controversy, has attracted bids from Tata ......

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Gaja Capital in talks to invest in learning-assessment company

Consumer

11 June, 2018

Gaja Capital in talks to invest in learning-assessment company

Gaja Capital Partners, a private equity firm specialising in investments in the lower end of the middle market, is in ......

Reliance Industries' fashion brands unit acquires Rhea Retail for $30 mn

Consumer

09 June, 2018

Reliance Industries' fashion brands unit acquires Rhea Retail for $30 mn

Billionaire Mukesh Ambani-led Reliance Industries Ltd has acquired Rhea Retail Pvt. Ltd, which sells products for children and expectant mothers, ......

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