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

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VC-backed Power Gummies set to raise debt, equity funding for expansion

Consumer

07 March, 2023

VC-backed Power Gummies set to raise debt, equity funding for expansion

Aesthetic Nutrition Pvt. Ltd, which sells chewable dietary supplements under the Power Gummies brand, is planning to raise a mix ......

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Offshore investor backs Indian operator of Marriott hotels

Consumer

07 March, 2023

Offshore investor backs Indian operator of Marriott hotels

Chalet Hotels Ltd, a K Raheja Corp. group company that operates Marriott luxury hotels in India, has raised Rs 100 ......

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Philippines hard-discount retailer DALI Stores adds another investor to cap table

Consumer

07 March, 2023

Philippines hard-discount retailer DALI Stores adds another investor to cap table

DALI Discount AG, a Swiss-incorporated holding company for Southeast Asian hard-discount retail chain active in the Philippines, has brought in ......

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Exclusive: Sanlam PE close to striking bolt-on deal with another PE-backed biz

Consumer

03 March, 2023

Exclusive: Sanlam PE close to striking bolt-on deal with another PE-backed biz

South Africa’s Sanlam Private Equity is set to ink a bolt-on transaction to bolster a portfolio company it acquired two ......

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Indian, US consumer companies on divergent trajectories post IPO

Consumer

02 March, 2023

Indian, US consumer companies on divergent trajectories post IPO

Indian and US consumer companies, which went public post 2020, are witnessing comparatively divergent trajectories after listing on public bourses, ......

Axis Bank snaps up Citigroup's India consumer business

Consumer

01 March, 2023

Axis Bank snaps up Citigroup's India consumer business

Citibank's customers will witness a major transformation from Wednesday as the grand old bank, which started its India operations back ......

PremjiInvest-backed FabIndia scraps $482-mn IPO

Consumer

27 February, 2023

PremjiInvest-backed FabIndia scraps $482-mn IPO

Apparel retailer Fabindia on Monday said it has withdrawn its 40 billion rupee ($482.4 million) initial public offering amid rough ......

FreshToHome raises Series D funding, led by Amazon Smbhav

Consumer

21 February, 2023

FreshToHome raises Series D funding, led by Amazon Smbhav

Direct-to-consumer meat delivery brand FreshToHome has closed $104 million (Rs 861.3 crore) in a Series D round led by Amazon ......

Shobitam makes maiden bet with House of Blouse

Consumer

20 February, 2023

Shobitam makes maiden bet with House of Blouse

Ethnic wear brand Shobitam has marked its first acquisition with apparel brand House of Blouse to strengthen its product offerings.  However, ......

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Investcorp signing off from India portfolio company with dream returns

Consumer

17 February, 2023

Investcorp signing off from India portfolio company with dream returns

Bahrain-based Investcorp, which is executing a multi-pronged strategy for its India investment practice, is on course for a full exit ......