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Consumer

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

Diageo to buy Mallya's remaining 50% stake in United National Breweries

Consumer

02 April, 2015

Diageo to buy Mallya's remaining 50% stake in United National Breweries

Diageo, the world's largest spirits maker today took full control of South African beer maker United National Breweries by acquiring ......

Fashion house AND Designs appoints Milind Sarwate as independent director

Consumer

30 March, 2015

Fashion house AND Designs appoints Milind Sarwate as independent director

Fashion designer Anita Dongre-promoted AND Designs India Ltd (ADIL) has appointed Milind Sarwate, former Marico Group CFO, as an independent ......

Aspada invests around $3.2M in fresh fruit supply chain firm InI Farms

Consumer

31 March, 2015

Aspada invests around $3.2M in fresh fruit supply chain firm InI Farms

Venture capital firm Aspada Investment has invested Rs 20 crore (approximately $3.2 million) in Mumbai-based InI Farms Pvt Ltd, which ......

Creador-backed Somany Ceramics may raise up to $24M afresh

Consumer

24 March, 2015

Creador-backed Somany Ceramics may raise up to $24M afresh

Tile manufacturer Somany Ceramics Ltd's board has approved a plan to raise up to Rs 150 crore ($24 million) through ......

Spot emerging entrepreneurial opportunities @ VCCircle Consumer Investment Summit; register now

Consumer

31 March, 2015

Spot emerging entrepreneurial opportunities @ VCCircle Consumer Investment Summit; register now

VCCircle Consumer Investment Summit 2015, scheduled to be held at April 15, Vivanta By Taj, Mumbai aims to showcase ......

Vikram Oberoi to take over as Oberoi Hotels MD & CEO

Consumer

24 March, 2015

Vikram Oberoi to take over as Oberoi Hotels MD & CEO

Charting out a succession plan, hospitality major EIH Ltd today announced appointment of Vikram Oberoi, son of Chairman PRS Oberoi, ......

WestBridge hikes stake in decorative laminates firm Greenlam

Consumer

23 March, 2015

WestBridge hikes stake in decorative laminates firm Greenlam

Private equity firm WestBridge Capital Partners has increased its stake in Greenlam Industries Ltd, a company spun out of its ......

Pharmacy chain MedPlus eyes $75M funding to add 2,000 stores

Consumer

20 March, 2015

Pharmacy chain MedPlus eyes $75M funding to add 2,000 stores

Hyderabad-based pharmacy chain MedPlus eyes funding of up to $75 million to expand base and penetrate into new geographies, a ......

Used-car sales venture Mahindra First Choice raises $15M from Valiant Capital

Consumer

20 March, 2015

Used-car sales venture Mahindra First Choice raises $15M from Valiant Capital

Mahindra First Choice Wheels Ltd (MFCWL), a multi-brand second-hand car sales venture operating through a hybrid offline-online model, has raised ......

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Oman India Joint Investment Fund backs footwear co SSIPL; Tano eyes multi-bagger exit

Consumer

19 March, 2015

Oman India Joint Investment Fund backs footwear co SSIPL; Tano eyes multi-bagger exit

Oman India Joint Investment Fund (OIJIF), a private equity fund sponsored by Oman’s sovereign wealth fund State General Reserve Fund ......

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