FMCG majors turn to D2C for growth, but profitability remains distantHindustan Unilever, ITC, Marico, and Emami, among others, have either acquired or taken controlling stakes in at least a dozen digital-firs...
Saffola owner Marico MD says food biz may become bigger than edible oil in 3-4 yearsMarico Ltd anticipates its food business, driven by the Saffola brand, will outgrow its edible oil segment, with foods already exceeding Rs...
Nutrition startup Good Monk raises $2 million from RPSG Capital Ventures, othersBengaluru-based nutrition startup Good Monk has raised $2 million in a pre-Series A round led by RPSG Capital Ventures, with existing inves...
Nutrition brand Plix partners with GoKwik to boost online presence and increase repaid OrdersGoKwik uses technology and data-driven tools like KwikCheckout to help eCommerce brands grow by simplifying the checkout process. This not ...
D2C sports nutrition startup Nutrabay raises $5 million in funding from RPSG Capital VenturesFounded in 2017, Nutrabay operates as a D2C multi-brand retail store, offering products from over 100 brands alongside its own private labe...
Marico on course to deliver double-digit constant currency growth in international business: Saugata GuptaMarico CEO discusses market share dynamics, rural recovery, deflation impact, and strategy focusing on premium segments. The company target...
Marico eyes foods portfolio to be 2x of current scale in FY27Marico Limited plans to double its foods portfolio in FY27 and expect its domestic revenue share from food and personal care to increase fr...
Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO Saugata GuptaMarico anticipates a return to revenue growth in the second half of the financial year. Price adjustments due to reduced inflation in the d...
Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 croreIt has completed acquisition of 32.75 per cent of the paid-up share capital of Satiya Nutraceuticals through primary infusion and secondary...
Marico to acquire majority stake in The Plant Fix- Plix for Rs 369 croreAs part of the transaction, the company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority ...
Credit platform BlackSoil raises USD 25 mn"The rise of alternative credit has become a crucial factor in enabling growth for Indian startups, and BlackSoil intends to remain a prefe...
HealthPlix raises $22 million in Series C fundraisingWhile HealthPlix Technologies is Avataar Venture Partners’ first interest in the healthtech space, it is its second investment in the large...
ETtech Deals Digest: startups see rise in funding this week led by Lenskart, PhonePeTotal of $782 million was poured into Indian startups in this week across 25 rounds, a 34% jump compared to the same period last year when ...
Policybazaar subsidiary invests $7.5 million in Visit HealthVisit has already raised a seed round of $1.4 million from investors such as MapmyIndia, Snapdeal cofounders Kunal Bahl and Rohit Bansal, a...
HealthPlix lands $13.5 million funding led by LightspeedHealthPlix provides Electronic Medical Record software to medical practitioners. It also gives them clinical decision support and generates...
HealthPlix Technologies raises $6 million in Series-B fundingFor medical practitioners, HealthPlix said it assists with its clinical decision support, helps generate e- prescriptions under 30 seconds,...
OnlineTyari acquihires photo-sharing application PlixCurrently available in English, Hindi and Marathi, OnlineTyari records 4 lakh unique users per day. It aims to make content available in al...