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

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France's Babilou exiting Indian pre-school chain as business flounders

Consumer

04 March, 2024

France's Babilou exiting Indian pre-school chain as business flounders

French company Babilou has decided to exit its six-year-old bet on India’s education sector as it struck a deal to sell its ......

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GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

Consumer

04 March, 2024

GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

US-based multi-stage investor GSV Ventures, which primarily backs digitised education players and upskilling companies, is set to strike a fresh ......

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Elevation Capital presses sell button with over 10x bagger

Consumer

04 March, 2024

Elevation Capital presses sell button with over 10x bagger

Venture capital firm Elevation Capital, one of the most active investors in Indian technology startups over the last decade, has ......

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Lighthouse backs luggage maker in second bet from new fund

Consumer

02 March, 2024

Lighthouse backs luggage maker in second bet from new fund

Indian mid-market private equity firm Lighthouse Funds, which has backed consumer-focused companies such as Fabindia, Duroflex and Wow! Momo, has invested in ......

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Axis PE, other backers get a mark-up as Gopal Snacks eyes over $670 mn tag

Consumer

01 March, 2024

Axis PE, other backers get a mark-up as Gopal Snacks eyes over $670 mn tag

Private equity-style investors who picked up a small stake in Gopal Snacks Ltd via a secondary transaction in a pre-initial ......

Samara, Convergent Finance to acquire majority stake in Agro Tech Foods from Conagra

Consumer

01 March, 2024

Samara, Convergent Finance to acquire majority stake in Agro Tech Foods from Conagra

Homegrown private equity firms Samara Capital and Convergent Finance will jointly pick up a majority stake in Agro Tech Foods ......

Tiger Global-backed Captain Fresh enters US market with latest acquisition

Consumer

29 February, 2024

Tiger Global-backed Captain Fresh enters US market with latest acquisition

Tiger Global-backed business-to-business (B2B) seafood supplier Captain Fresh Thursday said it has acquired CenSea Inc., a US-based importer and distributor ......

Digantara, two others raise early-stage funding

Consumer

28 February, 2024

Digantara, two others raise early-stage funding

Spacetech startup Digantara, consumer brand TWF Flours, and climatetech startup StepChange raised early-stage funding, the companies said on Wednesday.   Digantara  Spacetech ......

Lighthouse backs jewellery chain as another PE firm partially exits

Consumer

28 February, 2024

Lighthouse backs jewellery chain as another PE firm partially exits

Indian mid-market private equity firm Lighthouse Funds said Wednesday it has invested Rs 284 crore ($34.3 million) in fashion and ......

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Exclusive: MG Motor India set to bring private equity fund to its captable

Consumer

24 February, 2024

Exclusive: MG Motor India set to bring private equity fund to its captable

China’s largest and the world’s tenth largest automaker by revenues, SAIC Motor, which forged a partnership with Sajjan Jindal-led JSW ......