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Swiggy enters retail distribution market with Lynk acquisition

Consumer

13 July, 2023

Swiggy enters retail distribution market with Lynk acquisition

Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......

Reliance Retail eligible to bid for debt-ridden Future Enterprises

Consumer

12 July, 2023

Reliance Retail eligible to bid for debt-ridden Future Enterprises

The retail arm of Reliance Industries is among three companies eligible to submit a plan for the debt-ridden Future Enterprises's ......

SmartDukaan and D2C platform Clensta raise early-stage funding

Consumer

10 July, 2023

SmartDukaan and D2C platform Clensta raise early-stage funding

Smartphone retailer SmartDukaan and direct-to-consumer (D2C) home care products startup Clensta secured early-stage funding, the companies said on Monday.   SmartDukaan ......

EY, BDO value Reliance Retail at minimum $92 bn

Consumer

07 July, 2023

EY, BDO value Reliance Retail at minimum $92 bn

India's Reliance Retail, run by Asia's richest man Mukesh Ambani, has been valued at $92-96 billion by two global consultants, ......

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TPG strikes its third full exit of 2023 from India portfolio

Consumer

23 June, 2023

TPG strikes its third full exit of 2023 from India portfolio

Private equity major TPG has sealed what would be its third full exit from India since January this year after ......

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Exclusive: ChrysCap eyes second consumer sector investment in less than a week

Consumer

21 June, 2023

Exclusive: ChrysCap eyes second consumer sector investment in less than a week

Less than a week after homegrown private equity firm ChrysCapital invested $100 million in direct-to-consumer (D2C) eyewear unicorn Lenskart in ......

Warburg-backed boAt's FY23 revenue rises as audio, wearables sales soar

Consumer

15 June, 2023

Warburg-backed boAt's FY23 revenue rises as audio, wearables sales soar

Imagine Marketing Pvt. Ltd, which operates audio gear and wearables brand, boAt, has witnessed a growth of nearly 40% in ......

IndiGo co-founder Gangwal's family to offload stake

Consumer

12 June, 2023

IndiGo co-founder Gangwal's family to offload stake

The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe ......

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Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

Consumer

24 May, 2023

Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

E-commerce giant Amazon India is in advanced stages of discussion to pick up a significant minority stake in a children-focused ......

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Wakefit's M&A playbook, breakeven target and road to IPO

Consumer

18 May, 2023

Wakefit's M&A playbook, breakeven target and road to IPO

Wakefit Innovations Pvt. Ltd, which has already become a household name in the sleeping solutions industry and counts Verlinvest, Investcorp, ......