Consumer

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

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Distressed assets-focused investor Mount Kellett, IFC exit Educomp with huge loss

Consumer

28 July, 2015

Distressed assets-focused investor Mount Kellett, IFC exit Educomp with huge loss

Distressed assets and special situations-focused private investment firm Mount Kellett Capital Management has exited its around three-year-old investment in education ......

Consumer

28 July, 2015

Ad-for-equity investor BCCL to pick up to 7% stake in Onida

Mirc Electronics Ltd, the makers of Onida and IGO brand electronics products, has secured Rs 22.75 crore ($3.5 million) from ......

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Consumer

27 July, 2015

Lighthouse pulls out more from Dhanuka Agritech with seven-fold returns

Mid-market private equity firm Lighthouse Funds appears to be winding up its four-year-old investment in Dhanuka Agritech, a public-listed firm ......

Consumer

24 July, 2015

Nestle recalls India chief amid Maggi controversy; Suresh Narayanan becomes first local MD

Battling the Maggi controversy, global giant Nestle today recalled its current India chief Etienne Benet to Switzerland head office and ......

Consumer

23 July, 2015

Kingfisher beer maker United Breweries names Shekhar Ramamurthy as managing director

United Breweries Ltd, the maker of India's top beer brand Kingfisher, has elevated Shekhar Ramamurthy as the new managing director ......

Consumer

20 July, 2015

India Value Fund Advisors to invest up to $30M in fine dining chain Indigo

Private equity fund India Value Fund Advisors has committed up to $30 million (approximately Rs 190 crore) to pick an ......

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Consumer

20 July, 2015

Universal Sportsbiz swings from sports merchandise e-commerce to celeb fashion labels

Bengaluru-based Universal Sportsbiz Pvt Ltd (USPL), which was earlier restricted to selling sports fan merchandise through its e-commerce property Collectabillia, ......

Consumer

17 July, 2015

Pharma firm Kopran to sell loss-making consumer care unit

Mumbai-based pharmaceutical firm Kopran Ltd is planning to sell its consumer care unit, which manufactures and sells oral care and ......

Consumer

16 July, 2015

Everstone-controlled F&B Asia to invest up to $13.4M in Massive Restaurants

F&B Asia Ventures Ltd, a pan-Asian food and beverage business platform promoted and controlled by private equity firm Everstone Capital, ......

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Consumer

14 July, 2015

Singapore's sovereign fund GIC exits FMCG firm Marico

Singapore’s GIC, one of the most active sovereign wealth funds in India, has exited its three-year old investment in Marico ......

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