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

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Valuation paramount to our thesis: Early-stage VC EV2

Consumer

12 May, 2023

Valuation paramount to our thesis: Early-stage VC EV2

Mobility-focused venture capital (VC) firm EV2, which invests in early-stage EV startups in India, is nearing the final close of ......

Temasek plans $100 mn investment in Ratan Tata-backed BlueStone

Consumer

07 May, 2023

Temasek plans $100 mn investment in Ratan Tata-backed BlueStone

Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, ......

Aditya Birla Fashion to acquire PE-backed marketer of fashion labels W, Aurelia

Consumer

06 May, 2023

Aditya Birla Fashion to acquire PE-backed marketer of fashion labels W, Aurelia

Aditya Birla Fashion Retail Ltd, one of the largest fashion and apparel companies in the country, said Friday it has ......

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B Capital, two other VC firms eyeing investment in nutraceutical startup

Consumer

05 May, 2023

B Capital, two other VC firms eyeing investment in nutraceutical startup

US-based venture capital firm B Capital Group, which has backed companies such as Byju’s and Meesho, and two other VC ......

YourNest-backed Thriwe buys healthcare platform UCare Health

Consumer

03 May, 2023

YourNest-backed Thriwe buys healthcare platform UCare Health

Thriwe, a technology-driven business to business (B2B) consumer benefits marketplace, on Wednesday said it has bought Mumbai-based digital health and ......

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Consumer

03 May, 2023

Bodhi Tree-backed Allen Institute hires former Marigold Park Capital exec as CEO

Test preparation centre Allen Career Institute, which counts James Murdoch and Uday Shankar-backed Bodhi Tree Systems as its key investor, ......

Subway offers debt plan for $10 bn-plus sale as Bain, TPG, other PE firms in race

Consumer

01 May, 2023

Subway offers debt plan for $10 bn-plus sale as Bain, TPG, other PE firms in race

The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a ......

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How Godrej's deal for Kamasutra, Park Avenue differs from KKR's Fogg buyout

Consumer

27 April, 2023

How Godrej's deal for Kamasutra, Park Avenue differs from KKR's Fogg buyout

Godrej Consumer Products Ltd’s decision to buy the consumer goods business of Raymond Ltd not only boosts its portfolio with ......

Grapevine: Reliance in fray for Sumeet Industries; ATC in talks with Brookfield again to exit India

Consumer

27 April, 2023

Grapevine: Reliance in fray for Sumeet Industries; ATC in talks with Brookfield again to exit India

Billionaire Mukesh Ambani-led Reliance Industries Ltd and NRI entrepreneur Purnendu Chatterjee bought MCPI are among eight companies in the race ......

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WestBridge tops up bet on consumer-facing firm to over $200 mn

Consumer

25 April, 2023

WestBridge tops up bet on consumer-facing firm to over $200 mn

Private equity firm WestBridge Capital has pumped additional capital into a consumer-facing company, taking its total exposure to more than ......