FMCG

Marico picks up 45% stake in men’s grooming startup Beardo

March 18, 2017 | Debjyoti Roy

Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, on Friday announced its foray into the male grooming market by picking up a stake in Zed Lifestyle Pvt Ltd, which owns Beardo.

Godrej Consumer hikes stake in Senegalese hair-care firm

March 14, 2017 | Joseph Rai

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) is raising its stake in African hair- and skin-care firm Weave Senegal Ltd in an all-cash deal, it said in a stock market disclosure.

Unilever rejects $143 bn takeover bid by Kraft Heinz

February 17, 2017 | Reuters

Unilever rejected a surprise $143 billion takeover bid from US food company Kraft Heinz Co on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit.

Exclusive: Vcare in talks for stake sale, hires banker

January 03, 2017 | Ranjani Raghavan

Chennai-based VCare Group, which runs a trichology clinic chain and sells herbal hair products under an eponymous brand, is in talks for a stake sale, three people familiar with the development told VCCircle.

Exclusive: Fireside Ventures backs babycare firm Mamaearth

December 20, 2016 | Shruti Jain

Mamaearth, a babycare products startup, which sells its products only through Amazon India and FirstCry.com has raised an undisclosed amount in seed round of funding led by Fireside Ventures and some HNIs, a top company executive told Techcircle.

Darshan Patel acquires majority stake in maker of sanitary napkin Paree

December 07, 2016 | Debjyoti Roy

Vini Cosmetics promoter Darshan Patel has picked up a majority stake for an undisclosed amount in Noida-based Soothe Healthcare Pvt. Ltd, the firm behind Paree brand of sanitary napkins.

How personal care firm Syona Cosmetics is planning to grow

November 25, 2016 | Debjyoti Roy

Chennai-based Syona Cosmetics Pvt. Ltd that offers cosmetics products and training services to salons and spas, is tweaking its business strategy to deepen its penetration not only in south India but even beyond, and to increase profitability, a top company executive told VCCircle.

Global Consumer’s Mahendran on expansion plan, revenue target and more

November 14, 2016 | Debjyoti Roy

Global Consumer Products Pvt. Ltd, floated by former Godrej Group top executive Arumugham Mahendran, operated as a regional player in southern India until last year.

Exclusive: Global Consumer hunts for acquisitions after fresh fundraise

November 10, 2016 | Debjyoti Roy

Global Consumer Products Pvt. Ltd, floated by former Godrej Group top executive Arumugham Mahendran, is looking at acquisition opportunities as it seeks to expand its product portfolio, a person privy to the development told VCCircle.

Verlinvest buys Hank Uberoi’s stake in Sula Vineyards

November 09, 2016 | Debjyoti Roy

Belgium's family-owned consumer-sector focused investment company Verlinvest SA has acquired additional stake in wine producer Sula Vineyards Pvt. Ltd for an undisclosed amount.

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