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Consumer

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

Educomp reports Rs 24Cr net loss in Q1, revenues decline 29%

Consumer

13 August, 2013

Educomp reports Rs 24Cr net loss in Q1, revenues decline 29%

Educomp Solutions, once the country’s top public-listed education company by market cap, registered a net loss of Rs 23.9 crore ......

Speciality Restaurants faces margin pressure; net profit down 24%, revenues up 14%

Consumer

13 August, 2013

Speciality Restaurants faces margin pressure; net profit down 24%, revenues up 14%

SAIF Partners-backed Speciality Restaurants Pvt Ltd has faced margin pressure for the three-month period ended June 30, 2013, reporting a ......

Avendus Private Equity picks up stake in Helix-backed MT Educare

Consumer

13 August, 2013

Avendus Private Equity picks up stake in Helix-backed MT Educare

The private equity arm of Avendus Capital has picked up 1.21 per cent stake in K-12 tutoring and test preparation ......

Bangalore-based startup Head Held High raises Rs 2.5Cr in angel funding

Consumer

13 August, 2013

Bangalore-based startup Head Held High raises Rs 2.5Cr in angel funding

Bangalore-based startup Head Held High Services Pvt Ltd, a skills development and employment creation enterprise focused on rural India, has ......

Indian Hotels cuts losses, clocks 6.6% revenue growth in Q1

Consumer

12 August, 2013

Indian Hotels cuts losses, clocks 6.6% revenue growth in Q1

Indian Hotels Company Ltd (IHCL), the country’s largest hotel operator that runs several hospitality brands such as Taj Hotels and ......

Marico's net up 27% with margin expansion, volumes drive revenue growth of 9%

Consumer

12 August, 2013

Marico's net up 27% with margin expansion, volumes drive revenue growth of 9%

Consumer products and services company Marico Ltd reported strong profit growth in the first quarter, led by better operating margins ......

Asian Paints investing $19.7M to pick majority stake in kitchen accessories maker Sleek

Consumer

08 August, 2013

Asian Paints investing $19.7M to pick majority stake in kitchen accessories maker Sleek

India’s largest paints company Asian Paints Ltd is investing Rs 120 crore ($19.7 million) as part of a deal to ......

Premium
WestBridge invests around $4.2M to buy stake in V-Mart Retail

Consumer

13 August, 2013

WestBridge invests around $4.2M to buy stake in V-Mart Retail

WestBridge Capital Partners has put in around Rs 25-26 crore ($4.2 million) to buy a minority stake in value format ......

Balaji Wafers in talks with PEs to raise up to $125M

Consumer

16 August, 2013

Balaji Wafers in talks with PEs to raise up to $125M

Snack maker Balaji Wafers is in separate talks with private-equity funds, including Blackstone Group (BX.N) and Actis, to raise between ......

MT Educare net profit up 22%; revenues grow 30% in Q1

Consumer

08 August, 2013

MT Educare net profit up 22%; revenues grow 30% in Q1

Helix-backed K-12 tutoring and test preparation firm MT Educare Ltd (MTEL) reported 22 per cent rise in net profit to ......

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