Consumer
Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.
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 ......
Consumer
Temasek to invest $145 mn in Mahindra & Mahindra's passenger EV unit
Singapore’s sovereign wealth fund Temasek has agreed to invest up to Rs 1,200 crore (around $145 million) in Mahindra & ......
Consumer
Nykaa loses six executives, CEO Falguni Nayar to head marketing
Six executives, including the marketing head, of India's cosmetics-to-fashion retailer Nykaa have resigned since April, the company said on Wednesday, ......
Consumer
Aditya Birla Group arm snaps up operator of Hakkasan, other Asian fine dining eateries
Aditya Birla New Age, the hospitality arm of the aluminium-to-insurance Aditya Birla Group, said Tuesday it has bought Asian eateries chain ......
Consumer
Morgan Stanley PE, IFU rope in another co-investor for India food sector deal
An India-focused infrastructure private equity fund managed by Wall Street giant Morgan Stanley and Denmark’s Investment Fund for Developing Countries ......
Consumer
VC investors score big as Marico picking up majority stake in nutrition brand Plix
Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, has inked an agreement to buy a majority ......
Consumer
ITC to demerge hotel business into separate company
India's ITC Ltd said on Monday it would spin off its hotels business from the rest of the company, separating ......
Consumer
RIL-backed Dunzo defers salary payment by three months
Indian on-demand delivery platform Dunzo on Wednesday informed employees that pending salaries since June would be delayed until September, according ......
Consumer
Bikaji Foods picks up 49% stake in Bhujialalji
Ethnic snacks maker Bikaji Foods International Ltd on Wednesday said it has bought a 49% stake in Bhujialalji Pvt. Ltd, ......
Consumer
Everstone-backed agri warehousing firm Sohan Lal eyes fresh funding
Sohan Lal Commodity Management (SLCM), which is among one of the pioneers in agri warehousing in India, is looking at ......
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