Consumer
Latest updates on news, funding, market trends, and innovations driving the consumer industry in India.
Consumer
Indians bought goods worth $44.5 bn in FY23; one in three active e-shoppers
Indians bought products worth $44.5 billion from e-tailers in the financial year 2022-23 as e-commerce platforms expand their footprints with ......
Consumer
Everstone may look to liquidate stake in Burger King India
Private equity firm Everstone Capital is in talks to sell its roughly 41% stake in Restaurant Brands Asia Ltd, the ......
Consumer
Beleaguered Future Retail gets six bids under resolution process
Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process. The company ......
Consumer
Verlinvest-backed Epigamia cancels plan to sell business, CEO says
Indian yoghurt maker Epigamia, backed by French dairy giant Danone, has shelved plans to sell its inflation-hit business and is ......
Consumer
We are the Zara and H&M of Tier-II and III cities: Citykart founder
Citykart Retail Pvt. Ltd, which counts Bahrain-based alternative asset manager Investcorp as one of its investors, not only managed to stay afloat during ......
Consumer
Exclusive: RMB Corvest in another club deal with Umoya Capital
Private equity firm RMB Corvest, a part of FirstRand Bank that strikes on-balance-sheet transactions and was one of the most active ......
Consumer
Amazon picks up stake in VC-backed men's apparel brand
E-commerce giant Amazon India has picked up a significant minority stake in a local men's innerwear brand that is already ......
Consumer
Harsha Raghavan's Convergent inks second platform deal after creating regional carrier
Homegrown private equity firm Convergent Finance has bet on a venture newly floated by former executives of an international sportswear ......
Consumer
Exclusive: AfricInvest set to ink another PE deal in Morocco
AfricInvest, a pan-African mid-market asset management platform that has exposure to multiple asset classes, is close to striking what would ......
Consumer
Gulf digest: Middle eastern startup Chatfood gets acquired; fintech player Twig raises funds
Big ticket pre-seed funding rounds dominated the startup deal making activity in the Gulf region this week, led by a ......