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

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Carpediem strikes fifth deal, backs retail chain 1-India Family Mart

Consumer

17 January, 2018

Carpediem strikes fifth deal, backs retail chain 1-India Family Mart

Carpediem Advisors Pvt. Ltd has invested in Nysaa Retail Pvt. Ltd, which operates a chain of retail stores under the ......

Danone exits Indian dairy business to focus on milking nutrition unit

Consumer

12 January, 2018

Danone exits Indian dairy business to focus on milking nutrition unit

French food giant Danone will exit its dairy business in India and focus instead on boosting its nutrition segment in ......

Jagatjit Industries raises debt worth $42 mn from Indiabulls Commercial Credit

Consumer

11 January, 2018

Jagatjit Industries raises debt worth $42 mn from Indiabulls Commercial Credit

Jagatjit Industries Ltd has raised structured debt funding of Rs 265 crore ($41.6 million) from non-banking financial company Indiabulls Commercial ......

Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets

Consumer

11 January, 2018

Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets

Education Catalyst Fund, which is managed by global philanthropic organisation Michael and Susan Dell Foundation-backed CBA Capital, has made two ......

Morgan Stanley bets on ready-to-cook eatables maker Manna Foods

Consumer

10 January, 2018

Morgan Stanley bets on ready-to-cook eatables maker Manna Foods

Morgan Stanley Private Equity Asia has invested Rs 152 crore ($23 million) in Southern Health Foods, which markets its products ......

Govt allows 100% FDI in single-brand retail via automatic route

Consumer

10 January, 2018

Govt allows 100% FDI in single-brand retail via automatic route

The Union Cabinet on Wednesday approved a proposal to allow 100% foreign direct investment (FDI) through the automatic route in ......

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SAIF Partners-backed Senco Gold shortlists bankers for IPO

Consumer

09 January, 2018

SAIF Partners-backed Senco Gold shortlists bankers for IPO

Kolkata-based jewellery retailer Senco Gold Ltd has shortlisted merchant banks as it gears up for its initial public offering, three ......

CX Partners-backed Barbeque Nation gets SEBI nod for IPO

Consumer

08 January, 2018

CX Partners-backed Barbeque Nation gets SEBI nod for IPO

Restaurant chain Barbeque Nation Hospitality Ltd (BNHL) has received the Securities and Exchange Board of India nod to float an ......

Sports nutrition brand DAAKI raises angel funding

Consumer

08 January, 2018

Sports nutrition brand DAAKI raises angel funding

Bengaluru-based sports nutrition brand DAAKI has raised an undisclosed amount in angel funding from Rohan Agila, a business partner at ......

Pidilite Industries to acquire majority stake in CIPY Polyurethanes

Consumer

05 January, 2018

Pidilite Industries to acquire majority stake in CIPY Polyurethanes

Mumbai-based adhesives maker Pidilite Industries Ltd has received board’s approval to acquire 70% stake in floor coating maker CIPY Polyurethanes ......

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