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Consumer

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

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Consumer

09 October, 2024

Hyundai to use $3 billion record India IPO proceeds to develop new cars, R&D

Hyundai Motor said on Wednesday it plans to use proceeds from a record $3 billion IPO of its Indian unit ......

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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October, 2024

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

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HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Consumer

08 October, 2024

HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue

Billionaire Shiv Nadar, founder of IT services company HCL Technologies Ltd, has signed a deal to acquire an education ......

Abu Dhabi's ADNH Catering sets price range for IPO

Consumer

07 October, 2024

Abu Dhabi's ADNH Catering sets price range for IPO

Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its......

Nestle nominates former Amazon exec Manish Tiwary as India MD

Consumer

07 October, 2024

Nestle nominates former Amazon exec Manish Tiwary as India MD

Nestle SA has nominated former Amazon India exec Manish Tiwary to replace Suresh Narayanan as the managing director of......

India Quotient backs furniture startup Furnishka; Ai Health Highway raises $1 mn

Consumer

04 October, 2024

India Quotient backs furniture startup Furnishka; Ai Health Highway raises $1 mn

Furniture company Furnishka and healtech startup Ai Health Highway have raised early-stage funding, the companies said ......

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GIC, Asiya Capital-backed company that runs Marriott, Hyatt hotels strikes M&A

Consumer

04 October, 2024

GIC, Asiya Capital-backed company that runs Marriott, Hyatt hotels strikes M&A

A Gurugram, Haryana-based company that manages hotels under the Marriott, Sheraton, and Hyatt brands has struck a deal ......

Verlinvest to double bets in India's growing consumer market

Consumer

04 October, 2024

Verlinvest to double bets in India's growing consumer market

Belgium's Verlinvest aims to double its annual investment in India within three years, a top executive said, ......

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Local edtech player gets $150-mn tag as Rare Enterprises' CEO joins cap table

Consumer

01 October, 2024

Local edtech player gets $150-mn tag as Rare Enterprises' CEO joins cap table

A Mumbai-based edtech company, which recently onboarded Rare Enterprise chief Utpal Sheth as an investor, is set to ride......

Unilever Ventures backs ClayCo Cosmetics; IG Drones, Aikenist get funding

Consumer

01 October, 2024

Unilever Ventures backs ClayCo Cosmetics; IG Drones, Aikenist get funding

Skincare brand ClayCo Cosmetics, AI solutions startup Aikenist and drone technology startup IG Drones have raised fresh ......

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