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

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Dubai-based Invictus set to acquire African flour mill business

Consumer

23 October, 2024

Dubai-based Invictus set to acquire African flour mill business

The Abu Dhabi Stock Exchange (ADX)-listed agro food enterprise Invictus Investment Company is set to acquire a leading ......

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Bottomline: Investcorp-backed Citykart to boost revenue growth on store expansion

Consumer

23 October, 2024

Bottomline: Investcorp-backed Citykart to boost revenue growth on store expansion

Retail store chain Citykart Stores Pvt. Ltd, backed by investors such as India SME Investments and Bahrain-based ......

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Africa-focused PE Helios set to acquire Egyptian food company

Consumer

23 October, 2024

Africa-focused PE Helios set to acquire Egyptian food company

Helios Investment Partners, one of the largest private equity firm active in Africa with assets worth over $3 billion, ......

Middle Eastern retail chain Lulu kickstarts IPO process

Consumer

21 October, 2024

Middle Eastern retail chain Lulu kickstarts IPO process

Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, kicked off an initial public ......

Stellapps nets $26 mn from Blume, others to grow mooMark dairy business

Consumer

21 October, 2024

Stellapps nets $26 mn from Blume, others to grow mooMark dairy business

Dairy-tech startup Stellapps Technologies has raised $26 million (about Rs 219 crore) in a mix of equity and debt in ......

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What is food and beverage maker Yu planning after its Series B funding?

Consumer

18 October, 2024

What is food and beverage maker Yu planning after its Series B funding?

Instant food and beverage brand Yu has raised Rs 55 crore (approximately $6.5 million) as part of its Series B ......

Raveendran concedes mistakes, says Byju's worth is zero

Consumer

18 October, 2024

Raveendran concedes mistakes, says Byju's worth is zero

Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth......

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Pantomath's Bharat Value Fund strikes third local bet in two months

Consumer

17 October, 2024

Pantomath's Bharat Value Fund strikes third local bet in two months

Mid-market private equity investor Pantomath Capital’s Bharat Value Fund, which recently struck investments in a ......

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Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Consumer

17 October, 2024

Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Gunender Kapur, the managing director and CEO of Vishal Mega Mart, a budget retail chain that was acquired by private ......

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Decoding Multiples PE's toolkit to bet on consumer firms from new fund

Consumer

17 October, 2024

Decoding Multiples PE's toolkit to bet on consumer firms from new fund

Private equity firm Multiples PE is evaluating investment opportunities in several mid-market consumer brands, a top ......

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