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Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

Consumer

26 December, 2023

Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

The global economic slowdown may have affected deal activity in India this year, but the consumer landscape still saw some ......

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Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup

Consumer

09 August, 2023

Exclusive: Springwel eyes majority stake in VC-backed D2C mattress startup

Mattress maker Springwel Mattresses Pvt. Ltd is evaluating acquisition of majority stake in a new-age startup in the category, which ......

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Deals Digest: Mild slowdown in funding momentum this week; M&A activity heightens

General

21 July, 2023

Deals Digest: Mild slowdown in funding momentum this week; M&A activity heightens

Private equity and venture capital investments for the week gone by decreased marginally in value, bucking two weeks of an ......

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Lightbox-backed Furlenco takes a valuation knock as it gets strategic investor

TMT

17 July, 2023

Lightbox-backed Furlenco takes a valuation knock as it gets strategic investor

Online furniture rental startup Furlenco has likely taken a valuation haircut as strategic backer Sheela Foam, the owner of the ......

Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Consumer

17 July, 2023

Sleepwell mattress maker Sheela Foam to buy Kurl-on, invest in Furlenco

Sheela Foam, owner of Sleepwell brand, has agreed to acquire rival mattress maker Kurlon and a 35% stake in furniture ......

Wakefit raises $40 mn led by Investcorp

TMT

13 January, 2023

Wakefit raises $40 mn led by Investcorp

Wakefit Innovations Pvt. Ltd on Thursday said it has raised ₹320 crore (about $40 million) in a round led by ......

Verlinvest leads Series B funding in mattress maker Wakefit

Consumer

16 December, 2020

Verlinvest leads Series B funding in mattress maker Wakefit

Mattress maker Wakefit Innovations Pvt. Ltd has raised Rs 185 crore ($25 million) in its Series B round of funding ......

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For us, 2017 looks more promising for IPOs than 2016: ICICI Securities' Ajay Saraf

General

21 November, 2016

For us, 2017 looks more promising for IPOs than 2016: ICICI Securities' Ajay Saraf

Merchant banks have had a good run with listings since the beginning of the year. But the year may be ......

Mattress maker Sleepwell files DRHP for $76 mn IPO

Consumer

01 August, 2016

Mattress maker Sleepwell files DRHP for $76 mn IPO

Sheela Foam Pvt Ltd, which sells mattresses under the Sleepwell brand and is one of the two top brands in ......