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Consumer

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

Temasek, Steadview co-lead $86 mn round in Atomberg

Consumer

29 May, 2023

Temasek, Steadview co-lead $86 mn round in Atomberg

Atomberg Technologies Pvt Ltd, a consumer durables company which primarily makes energy-saving fans, on Monday said it has raised $86 ......

Landmark Group founder Micky Jagtiani dies

Consumer

26 May, 2023

Landmark Group founder Micky Jagtiani dies

Prominent Dubai-based businessman Micky Jagtiani, who founded retail giant Landmark Group, has died, multiple local media outlets reported on Friday. Jagtiani, ......

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

Consumer

24 May, 2023

Nykaa's Q4 profit declines 72% even as revenue jumps 34%

FSN E-Commerce Ventures Ltd, the parent company of fashion and beauty e-tailer Nykaa, has reported a 72% decline in consolidated ......

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Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

Consumer

24 May, 2023

Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

E-commerce giant Amazon India is in advanced stages of discussion to pick up a significant minority stake in a children-focused ......

Jungle Ventures leads $11 mn round in ice cream brand NIC

Consumer

24 May, 2023

Jungle Ventures leads $11 mn round in ice cream brand NIC

Singapore’s Jungle Ventures, which has backed unicorns such as Moglix and Livspace, has led a $11 million (Rs 91 crore) ......

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ADIA bets on Nykaa rival Purplle in flat round

Consumer

24 May, 2023

ADIA bets on Nykaa rival Purplle in flat round

Purplle, an online retailer of beauty and personal care products, has raised $50-60 million from Abu Dhabi Investment Authority (ADIA), ......

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Warburg Pincus set to seal control deal for bathroom fittings firm

Consumer

24 May, 2023

Warburg Pincus set to seal control deal for bathroom fittings firm

Private equity firm Warburg Pincus is set to acquire a majority stake in Watertec (India) Pvt. Ltd, a bathroom accessories ......

Veranda Learning to acquire seven businesses

Consumer

23 May, 2023

Veranda Learning to acquire seven businesses

Veranda Learning, the edtech venture of Chennai-based business family Kalpathi Group, is acquiring seven businesses taking its total spend on ......

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Wakefit's M&A playbook, breakeven target and road to IPO

Consumer

18 May, 2023

Wakefit's M&A playbook, breakeven target and road to IPO

Wakefit Innovations Pvt. Ltd, which has already become a household name in the sleeping solutions industry and counts Verlinvest, Investcorp, ......

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Restaurateur behind Indian microbrewery Ironhill buys QSR franchise in the US

Consumer

18 May, 2023

Restaurateur behind Indian microbrewery Ironhill buys QSR franchise in the US

Teja Chekuri, the restaurateur behind the microbrewery Ironhill India that is popular for local craft beer, has acquired nine franchisees ......