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Consumer

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

VC-backed Mamaearth's $204-mn IPO oversubscribed 7.6 times

Consumer

02 November, 2023

VC-backed Mamaearth's $204-mn IPO oversubscribed 7.6 times

The initial public offering of Honasa Consumer Ltd, which houses direct-to-consumer skincare brands Mamaearth and The Derma Co, was oversubscribed ......

Cookware maker Cello World's IPO oversubscribed nearly 40 times

Consumer

02 November, 2023

Cookware maker Cello World's IPO oversubscribed nearly 40 times

Indian kitchenware products maker Cello World's initial public offering (IPO) was oversubscribed by nearly 40 times, higher than similar IPOs ......

CarDekho's FY23 revenue crosses $280 mn mark

Consumer

01 November, 2023

CarDekho's FY23 revenue crosses $280 mn mark

Girnar Software Pvt. Ltd, which runs automobile marketplace CarDekho, scaled its operations past Rs 2,000 crore in the last financial ......

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PE-backed furniture brand WoodenStreet bets on offline play for growth

Consumer

01 November, 2023

PE-backed furniture brand WoodenStreet bets on offline play for growth

Online-first furniture platform WoodenStreet has reported strong growth in its sales for the financial year ended March 2023, thanks to ......

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Bottomline: Naaptol's biz nears decadal low; banks on OTT,  video content to stay afloat

Consumer

01 November, 2023

Bottomline: Naaptol's biz nears decadal low; banks on OTT, video content to stay afloat

E-shopping platform Naaptol’s revenue from operations declined again in FY23 after a speck of green in the preceding financial year, ......

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JSW Ventures on track to wrap up maiden fund with fresh exit

Consumer

30 October, 2023

JSW Ventures on track to wrap up maiden fund with fresh exit

Billionaire Sajjan Jindal-led JSWW Group’s corporate venture capital arm JSW Ventures has struck a full exit from a seven-year-old investment ......

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VCs, angels staring at stellar returns as Mamaearth goes public

Consumer

26 October, 2023

VCs, angels staring at stellar returns as Mamaearth goes public

The public listing of direct-to-consumer brand Mamaearth is likely to get blockbuster returns for its investors, with Kunal Bahl and ......

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Exclusive: Zoscales, Ascent Capital Africa to strike joint PE deal in Ethiopia

Consumer

26 October, 2023

Exclusive: Zoscales, Ascent Capital Africa to strike joint PE deal in Ethiopia

East Africa-focussed private equity firms Zoscales Partners and Ascent Capital Africa are in an advanced stage of discussions to ink ......

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Mamaearth's VC backers, angel investors tweak IPO exit plan

Consumer

25 October, 2023

Mamaearth's VC backers, angel investors tweak IPO exit plan

Honasa Consumer Ltd, which houses direct-to-consumer brands Mamaearth and The Derma Co, intends to raise lower fresh capital in its ......

Aditya Birla Fashion's TMRW invests in The Indian Garage Co

Consumer

25 October, 2023

Aditya Birla Fashion's TMRW invests in The Indian Garage Co

TMRW, a wholly owned venture of Aditya Birla Fashion and Retail Ltd, has invested $18.6 million (Rs 155 crore) in ......