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Consumer

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

Goldman Sachs and Mitsui lead $51M investment in former Godrej exec's new FMCG venture

Consumer

19 February, 2014

Goldman Sachs and Mitsui lead $51M investment in former Godrej exec's new FMCG venture

Goldman Sachs and Mitsui Global Investment (Mitsui), a unit of Japan's Mitsui & Co. Ltd, among others are together putting ......

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

Consumer

18 February, 2014

Lenders sell 0.34% pledged stake of United Breweries in United Spirits

United Breweries (Holdings) Ltd, Vijay Mallya-led UB Group's holding company, has lost around 0.34 per cent stake more in United ......

Gillanders Arbuthnot to acquire Malawi's tea and macadamia firm

Consumer

18 February, 2014

Gillanders Arbuthnot to acquire Malawi's tea and macadamia firm

Kolkata-headquartered diversified business group Gillanders Arbuthnot & Co Ltd has agreed to buy out Malawi-based Group Development Ltd, along with ......

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AV Birla Group's investment arm part exits V-Mart at nearly 5x

Consumer

17 February, 2014

AV Birla Group's investment arm part exits V-Mart at nearly 5x

Naman Finance & Investment Pvt Ltd, an investment entity of the $40 billion Aditya Birla Group, has made a partial ......

Cartica Capital makes second consumer bet, buys 5% in Page Industries for $51M

Consumer

17 February, 2014

Cartica Capital makes second consumer bet, buys 5% in Page Industries for $51M

Emerging markets-focused investment firm Cartica Capital has picked up 5 per cent stake through bulk deals in Page Industries, a ......

Henderson looks to exit agrochemical firm Sharda Cropchem through IPO

Consumer

17 February, 2014

Henderson looks to exit agrochemical firm Sharda Cropchem through IPO

Mumbai-based agrochemical firm Sharda Cropchem Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI for its maiden public ......

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Classteacher Learning in talks with strategic investors to raise up to $15M; Fidelity may part exit

Consumer

14 February, 2014

Classteacher Learning in talks with strategic investors to raise up to $15M; Fidelity may part exit

Delhi-based Mind Shaper Technologies Pvt Ltd, which operates under the Classteacher Learning Systems brand, is scouting for a strategic investor ......

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Bangalore-based casual dining chain Empire looking to raise $20M

Consumer

14 February, 2014

Bangalore-based casual dining chain Empire looking to raise $20M

NKP Empire Ventures Pvt Ltd, which operates a handful of hotels and a casual dining restaurant chain under the Empire ......

Leela in talks to divest majority stake in a few hotels

Consumer

14 February, 2014

Leela in talks to divest majority stake in a few hotels

Hotel Leelaventure Ltd, which owns and operates luxury hotels under the brand Leela, is in talks with investors to divest ......

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Dalmia Continental aims to double revenues of canola oil and processed food business

Consumer

13 February, 2014

Dalmia Continental aims to double revenues of canola oil and processed food business

Edible oil and processed food company Dalmia Continental Pvt Ltd (DPCL), which has just sold its olive oil business under ......

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