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Jupiter India-backed Himatsingka Seide snags cheque from offshore investor

Manufacturing

29 March, 2023

Jupiter India-backed Himatsingka Seide snags cheque from offshore investor

Listed home textile manufacturing company Himatsingka Seide Ltd, which designs, develops, manufactures and distributes a range of textile products is ......

Nona Lifestyle, Wildermart raise early funding, Anil Kumble invests in Onsurity

Finance

10 October, 2022

Nona Lifestyle, Wildermart raise early funding, Anil Kumble invests in Onsurity

Business-to-business (B2B) textile supplier Nona Lifestyle, on Monday raised $1.4 million from LC Nueva and other high net-worth individuals (HNIs) ......

D2C-focused VC firm Fluid Ventures invests in Jaipur textile firm Fabriclore

Consumer

22 December, 2021

D2C-focused VC firm Fluid Ventures invests in Jaipur textile firm Fabriclore

Jaipur-based textile commerce platform Fabriclore has raised $700,000 (around Rs 5 crore) pre-Series A funding led by Fluid Ventures, the ......

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Manufacturing

13 December, 2021

Ares SSG arm-Reliance and Welspun among 4 bidders to acquire stressed Sintex Industries

Billionaire Mukesh Ambani-owned Reliance Industries (RIL) has partnered with Ares SSG Capital-backed Assets Care & Reconstruction Enterprise Ltd (ACRE) to be among ......

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Being Human's former business partner gets acquired under bankruptcy process

Consumer

30 June, 2021

Being Human's former business partner gets acquired under bankruptcy process

GB Global Ltd, ex-partner of actor Salman Khan’s apparel brand Being Human and formerly known as Mandhana Industries Ltd (MIL), ......

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KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

Manufacturing

04 May, 2021

KKR-backed stressed textile firm avoids bankruptcy as tribunal tosses lender plea

A tribunal has rejected a plea of government-owned Bank of Baroda (BoB) to initiate bankruptcy against a Mumbai textile company ......

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Kotak group ARC to walk away from bankrupt textile firm

Consumer

01 April, 2021

Kotak group ARC to walk away from bankrupt textile firm

Kotak Mahindra Group’s asset reconstruction arm is set to exit a Mumbai-based bankrupt textile firm, a person told VCCircle. Phoenix ARC's ......

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TCG gets court nod to acquire bankrupt textile co

Manufacturing

06 January, 2021

TCG gets court nod to acquire bankrupt textile co

Purnendu Chatterjee led The Chatterjee Group (TCG) has received court approval to acquire a popular debt-ridden textile company under the ......

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Omkara ARC seals another stressed assets deal

Consumer

30 July, 2020

Omkara ARC seals another stressed assets deal

Omkara Assets Reconstruction Pvt. Ltd has closed a debt deal down south in another stressed assets transaction signed in the ......

Baba Ramdev's khaadi clothes manufacturing plans attracts Raymond, Arvind interest

Manufacturing

07 October, 2016

Baba Ramdev's khaadi clothes manufacturing plans attracts Raymond, Arvind interest

Yoga guru Baba Ramdev-endorsed Patanjali Ayurved Ltd's plans to enter into the apparel business by making indigenous 'khaadi' clothes has ......