Consumer
Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.
Consumer
SAIF Partners-backed jewellery retailer Senco Gold eyes IPO in two years
Jewellery company Senco Gold and Diamonds plans to raise capital through an Initial Public Offering by 2017-18."Whatever money we have ......
Consumer
Food-tech startup Noodle Play raises around $160K in angel funding
Mumbai-based Lollypop Foods Pvt Ltd, which runs a delivery-only Chinese fast food venture under the brand Noodle Play, has raised ......
Consumer
Fairfax-controlled Thomas Cook India acquires Sri Lankan travel services firm Luxe Asia
Tour operator Thomas Cook (India) Ltd has acquired Sri Lanka-based Luxe Asia, a destination management firm, for an undisclosed amount, ......
Consumer
PremjiInvest, MCap hike stake in FMCG firm Jyothy Labs
Wipro Ltd chairman Azim Premji's private investment arm PremjiInvest and private equity firm MCap Fund Advisors Pvt Ltd have increased ......
Consumer
Godrej Consumer Products to buy remaining 40% stake in Chile's Cosmetica Nacional
Home grown FMCG firm Godrej Consumer Products Ltd (GCPL) has decided to acquire the remaining 40 per cent stake in ......
Consumer
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
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 ......
Consumer
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
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
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 ......