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

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Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Consumer

18 March, 2024

Rekha Jhunjhunwala set for a multibagger as Baazar Style Retail files for IPO

Rekha Jhunjhunwala, wife of the late stock market investor Rakesh Jhunjhunwala, and other early backers of Baazar Style Retail Ltd ......

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

Consumer

15 March, 2024

Hedge fund manager faces arrest in US over $533 mn taken from Byju's

 A U.S. bankruptcy judge on Thursday ordered the arrest of William Cameron Morton, a hedge fund manager who allegedly helped ......

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JM Financial Private Equity bets on bottled water firm

Consumer

14 March, 2024

JM Financial Private Equity bets on bottled water firm

The private equity arm of JM Financial Ltd, which offers investment banking, lending, wealth management, and alternative asset management services, ......

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GIC makes $500-mn bet on Indian company

Consumer

13 March, 2024

GIC makes $500-mn bet on Indian company

Singapore’s sovereign wealth fund GIC, a key institutional investor making private equity-style bets in India, has added an Indian company ......

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Can Vishal Mega Mart command DMart-type valuation in PE-backed IPO?

Consumer

13 March, 2024

Can Vishal Mega Mart command DMart-type valuation in PE-backed IPO?

Vishal Mega Mart Pvt. Ltd is preparing to float an initial public offering under its private equity owners and could ......

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Grapevine: Manipal Hospitals set to clinch buyout; Edelweiss raising credit fund

Consumer

12 March, 2024

Grapevine: Manipal Hospitals set to clinch buyout; Edelweiss raising credit fund

Manipal Hospitals, backed by Temasek and Ranjan Pai, is in final talks to acquire a significant majority stake in Kolkata's ......

BAT mulls sale of some stake in ITC

Consumer

12 March, 2024

BAT mulls sale of some stake in ITC

British American Tobacco is evaluating a possible disposal of a "small part" of its shareholding in India's ITC through an ......

Pro
Former KKR India chief Nayar's VC firm joins race to invest in D2C fashion brand

Consumer

11 March, 2024

Former KKR India chief Nayar's VC firm joins race to invest in D2C fashion brand

Sorin Investments, an early-stage tech-focussed venture capital firm founded by private equity veteran and former KKR India chief Sanjay Nayar, ......

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Bottomline: PE-backed Drools keeps revenue growth in focus, faces profit pressure

Consumer

11 March, 2024

Bottomline: PE-backed Drools keeps revenue growth in focus, faces profit pressure

Drools Pet Food Pvt Ltd is likely to maintain revenue momentum in the fiscal year that ends March 31 even ......

Nexus Venture, Gruhas Collective invest early-stage funds in two startups

Consumer

08 March, 2024

Nexus Venture, Gruhas Collective invest early-stage funds in two startups

Specialty coffee chain abCoffee and innerwear maker Bummer secured early-stage funding, the companies said on Friday.   abCoffee Homegrown coffee chain abCoffee ......