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Nykaa backer Lighthouse on track to strike bet in jewellery space

Consumer

09 February, 2024

Nykaa backer Lighthouse on track to strike bet in jewellery space

Mid-market private equity firm Lighthouse Funds, which counts Nykaa, Fabindia, Duroflex and Wow! Momo among its portfolio firms, is set ......

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Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

Consumer

26 December, 2023

Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

The global economic slowdown may have affected deal activity in India this year, but the consumer landscape still saw some ......

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Lighthouse nears final close of fourth PE fund, loops in new LP

Finance

26 October, 2023

Lighthouse nears final close of fourth PE fund, loops in new LP

Mid-market private equity firm Lighthouse Funds, which counts Fabindia, Duroflex, Wow! Momo and Tynor, among its portfolio firms, has roped ......

Nykaa loses six executives, CEO Falguni Nayar to head marketing

Consumer

02 August, 2023

Nykaa loses six executives, CEO Falguni Nayar to head marketing

Six executives, including the marketing head, of India's cosmetics-to-fashion retailer Nykaa have resigned since April, the company said on Wednesday, ......

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CPPIB's India exposure tops C$20 bn, doubles in three years

Finance

24 May, 2023

CPPIB's India exposure tops C$20 bn, doubles in three years

Canada Pension Investment Plan Board (CPPIB) increased its net assets in India by 11% in the fiscal year through March 2023, ......

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

Consumer

24 May, 2023

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

FSN E-Commerce Ventures Ltd, the parent company of fashion and beauty e-tailer Nykaa, has reported a 72% decline in consolidated ......

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Private equity exit deals reverse course, slump to five-year low in FY23

Finance

24 May, 2023

Private equity exit deals reverse course, slump to five-year low in FY23

The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months through ......

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ADIA bets on Nykaa rival Purplle in flat round

Consumer

24 May, 2023

ADIA bets on Nykaa rival Purplle in flat round

Purplle, an online retailer of beauty and personal care products, has raised $50-60 million from Abu Dhabi Investment Authority (ADIA), ......

How the digitised Indian consumer is luring global investors for a piece of cake

TMT

03 April, 2023

How the digitised Indian consumer is luring global investors for a piece of cake

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) ......

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Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Finance

13 March, 2023

Exclusive: FabIndia backer Lighthouse hits first close of fourth India fund

Homegrown private equity firm Lighthouse Funds, the backer of companies such as Fabindia and Medikabazaar, has marked the first close ......