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Raveendran concedes mistakes, says Byju's worth is zero

Consumer

18 October, 2024

Raveendran concedes mistakes, says Byju's worth is zero

Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his ......

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Pantomath's Bharat Value Fund strikes third local bet in two months

Consumer

17 October, 2024

Pantomath's Bharat Value Fund strikes third local bet in two months

Mid-market private equity investor Pantomath Capital’s Bharat Value Fund, which recently struck investments in a building materials company and a ......

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Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Consumer

17 October, 2024

Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Gunender Kapur, the managing director and CEO of Vishal Mega Mart, a budget retail chain that was acquired by private ......

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Decoding Multiples PE's toolkit to bet on consumer firms from new fund

Consumer

17 October, 2024

Decoding Multiples PE's toolkit to bet on consumer firms from new fund

Private equity firm Multiples PE is evaluating investment opportunities in several mid-market consumer brands, a top executive told VCCircle, as ......

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Consumer

17 October, 2024

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional ......

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How artisanal sweets brand Hazelnut Factory was valued as it attracts strategic buyer

Consumer

16 October, 2024

How artisanal sweets brand Hazelnut Factory was valued as it attracts strategic buyer

Hazelnut Factory Food Products Pvt Ltd, a five-year-old artisanal sweets and snacks brand from India’s hinterland, has attracted a large ......

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Spotlight: Designer labels turn showstopper on Aditya Birla Fashion's growth runway

Consumer

16 October, 2024

Spotlight: Designer labels turn showstopper on Aditya Birla Fashion's growth runway

On Dec. 21, 1999, as the world prepared to welcome the new millennium, Aditya Birla Group made its first major ......

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

Consumer

14 October, 2024

Perceptyne, Elixia, Brown Living, Kingdom of White raise early-stage funding

Deeptech robotics startup Perceptyne, logistics automation startup Elixia, sustainable products marketplace Brown Living, and lifestyle brand Kingdom of White have ......

Qatar wealth fund cuts stake in British supermarket group Sainsbury

Consumer

14 October, 2024

Qatar wealth fund cuts stake in British supermarket group Sainsbury

The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares ......

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India Sweet House raises funding ahead of public market debut

Consumer

14 October, 2024

India Sweet House raises funding ahead of public market debut

India Sweet House, a four-year old Bengaluru-based startup, has raised fresh funds as it gears up for an initial public ......