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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......

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Exclusive: Britannia in talks to acquire VC-backed brand

Consumer

26 August, 2024

Exclusive: Britannia in talks to acquire VC-backed brand

Fast moving consumer goods (FMCG) giant Britannia Industries is in advanced stage of discussion to pick up a controlling stake ......

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Exclusive: Kellanova, Himalaya Wellness frontrunners for protein bar brand

Consumer

23 August, 2024

Exclusive: Kellanova, Himalaya Wellness frontrunners for protein bar brand

Local personal care and pharmaceutical major Himalaya Wellness and one of the spinoffs of US-based packaged food giant Kellogg Company ......

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Grapevine: Mankind Pharma joins race for Healthium; HUL in talks to divest Pureit

General

29 March, 2024

Grapevine: Mankind Pharma joins race for Healthium; HUL in talks to divest Pureit

Mankind Pharma is weighing a bid for Healthium Medtech, in partnership with with ChrysCapital, a media report said.  The Delhi-based pharmaceutical company and ......

Why consumer firms are lagging benchmark indexes in India's sizzling stock market

Consumer

26 March, 2024

Why consumer firms are lagging benchmark indexes in India's sizzling stock market

The yawning divide between the super-rich and middle-class in India's booming economy is set to persist, if the "underperformance" of ......

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Kellogg's spinoff, others in fray to pick up majority stake in local health snacks player

Consumer

21 February, 2024

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 ......

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Samara Capital in talks to invest in botanical ingredients maker

Healthcare

14 February, 2024

Samara Capital in talks to invest in botanical ingredients maker

Homegrown private equity fund Samara Capital is in advanced stages of talks to invest in a natural ingredients supplier that ......

Hindustan Unilever names Rohit Jawa as MD, CEO to succeed Sanjiv Mehta

Consumer

10 March, 2023

Hindustan Unilever names Rohit Jawa as MD, CEO to succeed Sanjiv Mehta

Indian consumer goods conglomerate Hindustan Unilever Ltd named Rohit Jawa as its managing director and chief executive officer on Friday, ......

Mamaearth's Ghazal Alagh removes doubts over concerns on IPO vln

TMT

04 January, 2023

Mamaearth's Ghazal Alagh removes doubts over concerns on IPO vln

Mamaearth has neither quoted nor subscribed to the valuation numbers which are doing the rounds on social media, co-founder of ......

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Deals Digest: VC funding dips in value, small deals dominate this week

TMT

09 December, 2022

Deals Digest: VC funding dips in value, small deals dominate this week

Investments in venture capital (VC) and private equity (PE) declined 17.8% this week to $236 million from last week’s $287 ......