FMCG

PepsiCo bottler Varun Beverages climbs after weak debut

November 08, 2016 | TEAM VCC

Varun Beverages Ltd, the largest bottler for PepsiCo in India, made a tepid debut on the stock markets on Tuesday with its shares listing at a 3.37% discount to the issue price.

Exclusive: Fruit juice startup Good Juicery raises funding

November 07, 2016 | Debjyoti Roy

Good Juicery, a sparkling fruit juice manufacturer, has raised its first external round of funding from a clutch of high-profile investors, a person privy to the development told VCCircle.

Dabur to acquire personal care business of South African firm

November 02, 2016 | Debjyoti Roy

Consumer products maker Dabur India Ltd will acquire the personal care, hair care and creams businesses of the South Africa-based CTL group of companies.

Exclusive: Mahendran’s Global Consumer gets more funds from Goldman Sachs, Mitsui

October 27, 2016 | Debjyoti Roy

Global Consumer Products Pvt. Ltd, floated by former Godrej Group top executive Arumugham Mahendran, has received additional funding from existing investors, a person privy to the development told VCCircle.

PepsiCo bottler Varun Beverages’ IPO sails through on second day

October 27, 2016 | TEAM VCC

The initial public offering (IPO) of Ravi Jaipuria-controlled Varun Beverages Ltd, the largest bottler for PepsiCo in India, was fully subscribed on the second day of the issue on Thursday, stock-exchange data show. 

Varun Beverages’ IPO covered 33% on day 1

October 26, 2016 | TEAM VCC

The initial public offering (IPO) of Ravi Jaipuria-controlled Varun Beverages Ltd that is seeking a market valuation of up to Rs 8,000 crore ($1.2 billion) in its public issue was covered 34% on the first day.

PE-backed Varun Beverages bags $49 mn from anchor investors

October 25, 2016 | TEAM VCC

Ravi Jaipuria-controlled Varun Beverages Ltd that is seeking a market valuation of up to Rs 8,000 crore ($1.2 billion) in its initial public offering (IPO) has raised Rs 27 crore ($49 million) from a clutch of anchor investors on Tuesday.

Exclusive: Aditya Birla PE part-exits Manpasand Beverages with high returns

October 24, 2016 | Debjyoti Roy

Aditya Birla Private Equity has sold a bulk of its holding in Gujarat-based juice manufacturing and marketing company Manpasand Beverages Pvt. Ltd, a firm it backed just two years ago in a pre-IPO transaction, generating juicy profits.

Bombay High Court brushes aside Colgate’s copycat product

October 21, 2016 | Maulik Vyas

The Bombay High Court has said that merely not using a deceptive name can't be a refuge for making and selling identical goods, in an observation that could have wider implications not just in the consumer products sector but also in e-commerce where companies often have similar names or designs.

Bombay High Court allows more time to Godrej Consumer to file its reply

October 13, 2016 | Maulik Vyas

In a legal tussle between Godrej Consumer Products Ltd (GCPL) and its former top executive Arumugham Mahendran, the Bombay High Court has granted more time to billionaire Adi Godrej-owned company to file its reply. Earlier, the company had to file its reply by October 4.

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