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PLIX NUTRITION
USV Pharma buys 79% stake in Wellbeing Nutrition for Rs 1,583 croreUSV Pharma has acquired a 79% stake in Wellbeing Nutrition for Rs 1,583 crore in an all-cash deal, expanding into India’s nutraceutical sup...- Marico to acquire majority stake in protein supplement brand Cosmix valuing it at Rs 375 croreMarico will acquire a 60% stake in plant-based nutrition brand Cosmix, valuing the startup at Rs 375 crore. Founded in 2019, Cosmix is boot...
- 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...
- New brands arrive in style, give older peers a scareInsurgent brands, launched in the last decade, now control 6% of the consumer goods and lifestyle market, growing fivefold in five years to...
- Ecommerce enabler GoKwik raises $13 million from RTP Global, othersGoKwik has raised $13 million in a growth round led by RTP Global, taking its total funding to $68 million. The ecommerce enabler will use ...
- Pills, promotions and a dose of doubt: Influencers, VC money fuel India’s booming supplements marketIndia's health supplement market is booming, fueled by increased health awareness post Covid-19 and social media marketing. Venture capital...
- 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 ...
- ITC, Nestle and other FMCG giants widen ecomm web to click with customersMajor packaged goods cos such as ITC, Nestle, Amul, Dabur, and Marico are expanding their ecommerce platforms to multiple cities, offering ...
- India goes maida-free: The rise of ‘Better-for-You’ snackingIndian consumers, particularly mothers, are increasingly seeking healthier snack options for their families. "Better-for-you" (BFY) brands ...
- 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...
- How Harsh Mariwala's Marico is reinventing itself with changing timesMarico, one of India's largest FMCG companies, has successfully diversified its product portfolio to reduce its reliance on its traditional...
- Chew on this: Wellness gummies gain popularity among millennialsThe rise in interest in wellness products has resulted in a surge of nutraceutical players in India. An Accenture survey across 16 countrie...
- Should you buy Marico shares post its better than estimated Q1 earnings?Marico's June quarter performance and outlook drew varied opinions from brokerages post the earnings. While Motilal Oswal has dubbed the co...
- 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 ...
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