FMCG
Consumer
GIC makes $500-mn bet on Indian company
Singapore’s sovereign wealth fund GIC, a key institutional investor making private equity-style bets in India, has added an Indian company ......
Consumer
Kellogg's spinoff, others in fray to pick up majority stake in local health snacks player
US-based packaged food giant Kellogg’s spinoff, India’s biggest tobacco retailer ITC and nutrition platform Healthkart are among a string of ......
Consumer
Convergent Finance invests more in FMCG contract manufacturer
Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, has upped its investment in a ......
Consumer
Tatas seek controlling stake in Haldiram's but $10-bn asking valuation a hurdle
Tata Group's consumer unit is in talks to buy at least 51% of popular Indian snack food maker Haldiram's but ......
Consumer
Amazon Smbhav looks to expand lifestyle ambit with fresh beauty, personal care bet
E-commerce giant Amazon’s SME-focussed fund is in advanced stages of discussion to pick up a minority stake in a direct-to-consumer ......
Consumer
Exclusive: Wipro, Tata's consumer arms eye stake in south-based spices brand
Wipro Consumer and Tata Consumer Products are among some strategic suitors in the race for investing in a southern India-based ......
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 ......
TMT
Wellversed, PumPumPum, Fantasy Akhada, others raise funds
D2C wellness startup Wellversed, which offers nutrition guidance to consumers, has raised Rs 11 crore (about $1.5 million) from Jubilant ......
Consumer
MyGlamm closes Series C round at $71 mn; Accel joins cap table
Direct-to-consumer (D2C) beauty products brand MyGlamm has closed its ongoing Series C funding round at Rs 530 crore ($71.3 million). ......
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