Kalyan Jewellers India on Monday announced the signing of the definitive agreement with Rupesh Jain, founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of...
Honasa Consumer acquires cosmetic formulation brand CosmoGenesis
Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an undisclosed amount. This acquisition will help the company, which...
Cipla to acquire Ivia Beaute’s cosmetics, personal care distribution, and marketing business for Rs 130 cr
Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter’s brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for...
Whirlpool to sell 24% stake in India business to reduce debt
Whirlpool will sell up to 24% of its stake in the company’s India business in a bid to reduce debt, weeks after the unit reported weaker profit due to rising competition and pricing pressures. The company did not...
VLCC to acquire D2C men’s grooming brand Ustraa through strategic merger
Beauty and skincare company VLCC is acquiring direct-to-consumer men’s grooming brand Ustraa through a combination of secondary buy-out and share swap, the company said on Friday. Post merger, VLCC will make further...
Atomberg raises $86 million in Series C round
Consumer appliances brand Atomberg Technologies has raised $86 million in its Series C funding round led by Temasek Holdings and Steadview Capital, the company said in an announcement. The round saw participation from...
Temasek considers investing $100 million in Indian jeweller BlueStone
Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The investment would...
Warburg Pincus, Kedaara in talks to acquire Watertec
Warburg Pincus and Kedaara Capital are in separate discussions to acquire Watertec India, a domestic bathroom fittings and accessories maker. The proposed deal will value the unlisted company at ₹3,500 crore ($450...
Crompton Greaves Consumer Electricals and kitchen appliance maker Butterfly announce merger
Crompton Greaves Consumer Electricals Ltd (CGCEL) and Butterfly Gandhimathi Appliances have announced a merger to accelerate and smoothen the realisation of synergies of the combined business. This will also simplify...
Global investment firm Carlyle acquires majority stake in VLCC
Global investment firm Carlyle on Tuesday said it has acquired a majority stake in homegrown skincare and beauty firm VLCC for an undisclosed amount. Founded in 1989 by Vandana and Mukesh Luthra, VLCC operates in the...
Ghodawat Consumer buys packaged foods brand To Be Honest
Ghodawat Consumer Ltd., the consumer goods arm of Sanjay Ghodawat Group that retails home and personal care products, staples, and snacks, has acquired packaged foods brand, To Be Honest, to strengthen its premium...
V-Guard Industries to acquire Sunflame Enterprises for Rs 660 crore
V-Guard Industries (V-Guard) is going to acquire 100% stake in kitchen appliance company Sunflame Enterprises for a deal pegged at Rs 660 crore on a cash-free and debt-free basis. The definitive agreement was signed on...
