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HUL turns ₹70 cr bet in Wellbeing Nutrition into ₹307 cr exitHindustan Unilever has divested its 19.8% stake in Wellbeing Nutrition to UVS Pharma for Rs 307 crore. This move comes after HUL's initial ...
Dairy product manufacturer Ace International raises $35 million fundingUnder its B2B and B2C offerings, it provides dairy products for infant nutrition, adult nutrition, read-to-mix products, among other items....
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...
Backed by 19 unicorn founders, VC Bipin Shah launches Rs 159 crore Solo GP Fund, Zeropearl VCThe fund will focus on pre-seed and seed investments, backing a select few startups in India's burgeoning ecosystem.
Minimalist will not survive after HUL acquisition, says Bombay Shaving Company CEOShantanu Deshpande raised concerns over founder exits and the complexities of post-acquisition integration, wondering whether brands like M...
ET Startup Awards 2023: Heads Up for Tails’ Rashi Narang wins the Woman Ahead awardStarting off with two popup kiosks in New Delhi, Narang has scaled Heads Up for Tails to a Rs 200-crore annual turnover brand, operating ov...
ET Startup Awards 2023: Nominees for Woman AheadNominees in this category must be CEOs at their startups, unless there is no one with a CEO designation. The women up for this year's award...
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...
D2C brand Zouk raises $3 million led by Stellaris Venture PartnersZouk operates in the bags, wallets and footwear categories and it plans to invest the funds to promote its brand, expand its collections, h...
India has proven to be a very resilient economy: Sanjiv Mehta, MD, HULCertainly we are not looking at a law at all what is going to happen after five years. Right now what we are going to enter with Unilever i...
Goat Brand Labs acquires Chumbak, four other brands as D2C sector sees consolidation set inDeal another fire sale in D2C space, investors Gaja Capital, Matrix Partners exit as part of acquisition
OZiva announces WFH for new mothers; those with children upto the age of 3Nirav Shah, Head HR, OZiva said: "Over the years I have seen many talented women quitting their jobs after becoming mothers. While for some...
Pickrr gets $12-million funding from IIFL, Amicus Capital and othersFounded in 2015 by Ankit Kaushik, Rhitiman Majumder and Gaurav Mangla, Pickrr provides logistics and warehousing solutions to small and med...
ETtech Deals Digest: Amazon backs MyGlamm, Jungle’s Leap betIn this week’s ETtech Deals Digest, the world’s largest e-commerce firm has made its first consumer-brand bet in India, while edtech startu...
OZiva raises $12 million in Series B funding roundOZiva will use the funding from investors Eight Roads Ventures, F-Prime Capital and Matrix Partners India to expand its team, enter the kid...
Brands gain on rising appetite for healthy livingThe Covid-19 pandemic has accelerated the adoption of healthy living among a wider set of consumers, brands have said.
Music plays in the background as OZiva boss works from homeAarti Gill uses few productivity apps to stay connected with her team.