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Consumer

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

United Spirits' director & CFO quits amid investigation over financial irregularities

Consumer

24 April, 2015

United Spirits' director & CFO quits amid investigation over financial irregularities

P A Murali, chief financial officer and a director on the board of Diageo-controlled United Spirits Ltd, has quit the ......

Ice cream retailer Hokey Pokey raises additional funding

Consumer

22 April, 2015

Ice cream retailer Hokey Pokey raises additional funding

Drums Food International, the company which makes and sells Hokey Pokey brand of ice cream, has raised Rs 5 crore ......

Delhi-based test prep startup Avanti raises $1.5M in Series A from MSDF, Pearson Fund

Consumer

22 April, 2015

Delhi-based test prep startup Avanti raises $1.5M in Series A from MSDF, Pearson Fund

Delhi-based test prep startup Avanti Learning Centres has raised Rs 9.6 crore ($1.5 million) in second and its Series A ......

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Liquor major Allied Blenders revives fundraising plan; eyes HNI investors, NBFCs

Consumer

22 April, 2015

Liquor major Allied Blenders revives fundraising plan; eyes HNI investors, NBFCs

Allied Blenders & Distillers Pvt Ltd (ABD), one of India’s top home-grown spirits makers, is making another attempt to raise ......

CL Educate pushes back IPO plans, eyes PE funding for acquisition of test prep firm

Consumer

21 April, 2015

CL Educate pushes back IPO plans, eyes PE funding for acquisition of test prep firm

Education services company CL Educate Ltd, best known for its erstwhile test prep brand Career Launcher, has deferred its proposed ......

Ad-for-equity investor BCCL commits $5M again in retailer V2

Consumer

20 April, 2015

Ad-for-equity investor BCCL commits $5M again in retailer V2

Four years after exiting Vishal Retail at a loss, media company Bennett, Coleman & Co Ltd (BCCL), that strikes ad-for-equity ......

Kalpathi Suresh enters race to buy Educomp's K-12 schools business

Consumer

20 April, 2015

Kalpathi Suresh enters race to buy Educomp's K-12 schools business

A little over a decade after acquiring IT education firm Aptech, reclusive investor Kalpathi Suresh is now joining the race ......

Hero MotoCorp's American sports bike JV Erik Buell shuts up shop

Consumer

16 April, 2015

Hero MotoCorp's American sports bike JV Erik Buell shuts up shop

US-based sports bike maker Erik Buell Racing (EBR), in which Hero MotoCorp invested two years ago, has declared bankruptcy and ......

Brands eyeing hybrid retail approach to target customers: VCCircle Consumer Summit

Consumer

15 April, 2015

Brands eyeing hybrid retail approach to target customers: VCCircle Consumer Summit

Consumer brands in India are looking to embrace the digital domain and build a hybrid distribution model with e-commerce as ......

Walmart India names Pankaj More as technology head

Consumer

15 April, 2015

Walmart India names Pankaj More as technology head

Wal-Mart India Pvt Ltd, wholly owned subsidiary of the world’s largest retailer Wal-Mart Stores Inc, has appointed Pankaj More as ......

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