Consumer
Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.
Consumer
Marico's digital-first brands are growing at a quick pace but one of those stands out
In March 2017, fast-moving consumer goods company Marico Ltd acquired a large minority stake in a direct-to-consumer ......
Consumer
Ola Electric shares hit record low as unit faces insolvency petition
Shares of India's Ola Electric Mobility slid more than 6% to a record low on Monday after the company said ......
Consumer
Jungle Ventures, Indian VC firm in talks to back second-time founder
Southeast Asia- and India-focused venture capital firm Jungle Ventures and an Indian VC firm are in talks to invest in ......
Consumer
Havmor founding family's new ice cream brand Hocco to raise fresh funding
Hocco Foods Pvt Ltd, run by the Ahmedabad-based Chona family which previously built and divested the Havmor ice cream ......
Consumer
Binny Bansal-backed Purple Style Labs raises $40 mn in Series E funding
Purple Style Labs, the parent company of luxury ethnic wear platform Pernia’s Pop-Up Shop, has successfully raised $40......
Consumer
QSR chain Tibbs Frankie eyes maiden institutional funding, appoints banker
Tibbs Foods Pvt Ltd, a Mumbai-based quick service food chain, is in the early stages of discussions to raise its ......
Consumer
SoftBank-backed Ola Electric says saving about $10 mn a month from cost-cut measures
India's Ola Electric has managed to save 900 million rupees ($10.3 million) a month from a cost-cutting programme it......
Consumer
Temasek inks deal to invest in Haldiram's at valuation of $10 bn
Singapore's state investment company Temasek has signed a deal to pick up close to a 10% stake in the snacks ......
Consumer
IvyCap-backed apparel brand Snitch kicks off talks for Series B round
Men’s fashion wear company Snitch Apparels Pvt Ltd is in talks with a clutch of growth-stage investors and mid-market ......
Consumer
African PE firms Phatisa, Alterra acquire restaurant chain as Actis exits
Phatisa, a Mauritius-based private equity firm that focuses on food and affordable housing investments across sub-......
