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ZYWIE VENTURES
HUL sees demand recovery as rural, urban traction improves; Q3 volumes rise 4%HUL's sales volume saw a strong recovery in the December quarter. The company anticipates a better second half of the fiscal year and impro...
HUL acquires remaining 49% stake in OZiva for Rs 824 croreHindustan Unilever Limited is acquiring full ownership of OZiva for Rs824 crore. This move aims to boost growth in the health and wellness ...
HUL bets on global health drink to add zing to premium portfolioUnilever's Liquid IV, a successful hydration drink, is being launched in India targeting the premium market segment. The introduction aims ...
HUL-owned Oziva posted Rs 44 crore loss on Rs 104 crore revenue in FY24In FY23, OZiva had posted a net profit of Rs 58.3 crore, as it benefitted from a one-time gain of Rs 95.5 crore during the year. Its operat...
D2C startup 10club appoints Kavitha Rao as COO & cofounderKavitha Rao would spearhead its retail operations across both online and physical channels, while also shaping the firm’s category roadmap ...
Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 timesRoll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total ...
Aditya Birla Group’s TMRW invests Rs 155 crore in menswear brand The Indian Garage CoThe men’s casualwear brand is looking to clock Rs 1,500 crore in the next five years, while focusing on expanding its sales in tier two and...
Mensa Brands makes UAE ecommerce foray; eyes Saudi Arabia nextThe firm houses a total of 25 brands under its umbrella across fashion, beauty, fast moving consumer goods (FMCG), and content like Villain...
D2C firm Power Gummies sets up own manufacturing unit, partner Apollo for new launchPower Gummies has invested around $2 million in setting up a manufacturing plant located in Manesar, Gurugram, to meet surging demand for i...
Pandemic boom over, D2C brands now switching to offline channels: Tata Consumer MD“The hype of D2C, which was there during the pandemic, is starting to taper off a bit and that is also one of the reasons why many of the p...
Mondelez launches accelerator programme for startups in snacking spaceCoLab, an early-stage startup engagement programme, will provide funding, education and mentorship to startups in the country.
ITC to acquire Yoga Bar to expand presence in fast growing healthy foods spaceThe move will allow ITC to expand presence in the Rs 45,000 crore fast growing, nutrition-led healthy foods space. ITC said this deal is in...
Stocks in news: Infosys, HCL Tech, Cyient, RIL, HUL, Tata Motors, Route MobileInfosys will release its December quarter earnings after market hours. Consolidated revenue is seen rising nearly 19% on year, and 4% seque...
Hindustan Unilever completes purchase of 51 pc stake in Zywie VenturesHUL has completed the acquisition of 51 per cent shareholding of Zywie for a total consideration of Rs 264.28 crore for the first tranche, ...
Hindustan Unilever completes purchase of 51 pc stake in Zywie Ventures"HUL has completed the acquisition of 51 per cent shareholding of Zywie for a total consideration of Rs 264.28 crore for the first tranche,...
HUL enters wellness space with Oziva, Wellbeing Nutrition dealsHUL will acquire 51% equity stake in Oziva for Rs 264 crore in the first tranche, while the balance 49% will be acquired at the end of thre...
Hindustan Unilever to acquire stake in Oziva and Wellbeing NutritionHindustan Unilever will acquire 51% equity stake in Oziva for Rs264 crore in the first tranche while the balance 49% will be acquired at th...