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Abu Dhabi's ADNH Catering sets price range for IPO

Consumer

07 October, 2024

Abu Dhabi's ADNH Catering sets price range for IPO

Abu Dhabi National Hotels could raise as much 864 million dirhams ($235 million) from the initial public offering of its ......

Nestle nominates former Amazon exec Manish Tiwary as India MD

Consumer

07 October, 2024

Nestle nominates former Amazon exec Manish Tiwary as India MD

Nestle SA has nominated former Amazon India exec Manish Tiwary to replace Suresh Narayanan as the managing director of its Indian unit when ......

India Quotient backs furniture startup Furnishka; Ai Health Highway raises $1 mn

Consumer

04 October, 2024

India Quotient backs furniture startup Furnishka; Ai Health Highway raises $1 mn

Furniture company Furnishka and healtech startup Ai Health Highway have raised early-stage funding, the companies said on Friday Furnishka Furnishka, a Bengaluru-based ......

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GIC, Asiya Capital-backed company that runs Marriott, Hyatt hotels strikes M&A

Consumer

04 October, 2024

GIC, Asiya Capital-backed company that runs Marriott, Hyatt hotels strikes M&A

A Gurugram, Haryana-based company that manages hotels under the Marriott, Sheraton, and Hyatt brands has struck a deal to acquire ......

Verlinvest to double bets in India's growing consumer market

Consumer

04 October, 2024

Verlinvest to double bets in India's growing consumer market

Belgium's Verlinvest aims to double its annual investment in India within three years, a top executive said, focusing on healthcare and ......

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Local edtech player gets $150-mn tag as Rare Enterprises' CEO joins cap table

Consumer

01 October, 2024

Local edtech player gets $150-mn tag as Rare Enterprises' CEO joins cap table

A Mumbai-based edtech company, which recently onboarded Rare Enterprise chief Utpal Sheth as an investor, is set to ride the ......

Unilever Ventures backs ClayCo Cosmetics; IG Drones, Aikenist get funding

Consumer

01 October, 2024

Unilever Ventures backs ClayCo Cosmetics; IG Drones, Aikenist get funding

Skincare brand ClayCo Cosmetics, AI solutions startup Aikenist and drone technology startup IG Drones have raised fresh funding, the companies ......

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Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas

Consumer

01 October, 2024

Bottomline: PE-owned Halonix's sales sputter but profit jumps; eyes new growth areas

Halonix Technologies Pvt. Ltd, a lighting products maker controlled by private equity firm TPG NewQuest, recorded a decline in its ......

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100Unicorns faces another investment failure in two years

Consumer

30 September, 2024

100Unicorns faces another investment failure in two years

Venture capital firm 100Unicorns (erstwhile 9Unicorns), which was set up by incubator and accelerator Venture Catalysts and recently launched its ......

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Consumer

30 September, 2024

Abu Dhabi National Hotels to sell 40% in catering business unit via IPO

Abu Dhabi National Hotels (ADNH) is selling a 40% stake in its catering business through an initial public offering on ......