Consumer
Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.
Consumer
Exclusive: Sovereign fund, other investors may bankroll Narayana Group's PE exit plan
A sovereign wealth fund and a couple of other investors will likely fund education-focused Narayana Group’s plan to provide an ......
Consumer
Kuwait investment firm Asiya Capital wraps up over $100 mn India hotel deal
Asiya Capital Investments, a specialist investment firm based out of Kuwait that chases deals across private equity and real estate asset classes ......
Consumer
Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise
Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5% ......
Consumer
SoftBank-backed Ola Electric's FY22 loss spirals 4x
Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......
Consumer
Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup
Mattress maker Springwel Mattresses Pvt. Ltd is evaluating acquisition of majority stake in a new-age startup in the category, which ......
Consumer
Battle of the brewers: How VC-funded and bootstrapped beer startups stack up
If you happened to find yourself in a bar in Delhi before the Covid-19 pandemic hit, you would have come ......
Consumer
BanyanTree exit plan back on track as portfolio firm revives IPO
Mid-market-focused private equity firm BanyanTree Capital is looking to exit its seven-year-old investment in an automobile retailer as the company plans to refile documents for an initial public offering (IPO), three people aware of the development ......
Consumer
PE firm Lighthouse scripting $150 mn portfolio exit
Growth equity investor Lighthouse Funds, the backer of companies such as Fabindia and Medikabazaar, has harvested almost its entire investment ......
Consumer
Pepperfry co-founder Ambareesh Murty dies at 51
Pepperfry co-founder and chief executive officer Ambareesh Murty died of a cardiac arrest in Leh, Ladakh on the night of ......
Consumer
WestBridge-backed Lead School doubles FY23 revenue, lays out takeover strategy
Edtech unicorn Lead School, which counts private equity firm WestBridge Capital and venture capital firm GSV Ventures among its investors, doubled its revenue in the financial year ended March 31, 2023 and continued ......
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