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

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Luggage brand Nasher Miles kicks off funding discussions, hires banker

Consumer

04 January, 2024

Luggage brand Nasher Miles kicks off funding discussions, hires banker

New-age bootstrapped luggage startup Nasher Miles Pvt. Ltd has initiated discussions to raise its maiden round of funding from institutional investors, ......

Hospitality chain Vro secures $10 mn in bridge round

Consumer

03 January, 2024

Hospitality chain Vro secures $10 mn in bridge round

Fine dining chain operator Vro Hospitality has raised $10 million (Rs 83 crore) in a bridge funding round, led by ......

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Cult.fit takes full control of American fitness chain's India business

Consumer

02 January, 2024

Cult.fit takes full control of American fitness chain's India business

Tata Digital-backed health and fitness platform Cult.fit has completed the acquisition of remaining stake it didn’t already own, in a ......

SoftBank, TPG, PremjiInvest, NewQuest to make partial exit in FirstCry IPO

Consumer

28 December, 2023

SoftBank, TPG, PremjiInvest, NewQuest to make partial exit in FirstCry IPO

Japanese tech investor SoftBank and several other private equity-style investors will sell part of their stakes in FirstCry as part ......

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Sixth Sense Ventures bets on spices brand as another VC scores an exit

Consumer

27 December, 2023

Sixth Sense Ventures bets on spices brand as another VC scores an exit

Consumer-oriented venture capital firm Sixth Sense Ventures, which has backed companies like Bira91, Giva, Neeman’s, ADF Foods, Shop Kirana, Parag ......

Clear Premium Water acquires majority stake in drinking water brand

Consumer

27 December, 2023

Clear Premium Water acquires majority stake in drinking water brand

Energy Beverages Pvt Ltd, which owns the mineral water brand Clear Premium Water, said Wednesday it has acquired a majority stake ......

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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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Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of several existing venture ......

Pepsi bottler Varun Beverages to acquire South African firm for $159 mn

Consumer

19 December, 2023

Pepsi bottler Varun Beverages to acquire South African firm for $159 mn

Pepsi India bottler Varun Beverages said on Tuesday it will buy South Africa-based The Beverage Company in a deal valued ......

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Samara Capital makes third exit move in India this year

Consumer

19 December, 2023

Samara Capital makes third exit move in India this year

Homegrown private equity firm Samara Capital has partly monetised its bet on a consumer services company, marking its third exit move ......