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...
Aditya Birla Group leads race to add W owner to cart
Aditya Birla Fashion is now the frontrunner to acquire TCNS Clothing Co, owner of the listed women’s branded apparel retailer that owns brands such as W, Elleven and Aurelia, pulling ahead of Nykaa in what has...
Carlyle set to acquire VLCC Healthcare
Private equity group Carlyle is set to buy VLCC Healthcare Ltd, a three-decade-old, homegrown wellness, beauty products and personal care company, making a big play in the fast-growing and trending sector that of late...
Lotus Herbals acquires 20% in D2C Startup Yogic Secrets
Cosmetics and beauty products maker Lotus Herbals has acquired a 20% stake in direct-to-consumer nutraceuticals and health supplement startup Yogic Secrets Healthcare, it said. Yogic Secrets has also raised an...
Whirlpool to buy InSinkErator for $3 billion to beef up kitchen presence
Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co’s InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen...
TTK Prestige acquires 40% stake in Ultrafresh Modular Solutions
TTK Prestige said it will acquire a majority 51 per cent stake in Ultrafresh Modular Solutions, a move which will help the leading kitchen appliances company into the fast-growing modular kitchen solutions segment. The...
Reliance Industries to acquire dozens of brands in $6.5 bln consumer goods play
India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources...
Adani, Jindal Power join race to buy Videocon’s consumer durable business
The Adani Group and Jindal Power have expressed their interest to acquire Videocon’s consumer durable business which was put on sale for the second time by the lenders. The Adani group’s surprise entry into...
NCLT orders liquidation of Mehul Choksi-owned Nakshatra Brands
A Mumbai court has ordered the liquidation of Nakshatra Brands owned by fugitive diamond trader Mehul Choksi, who is charged with duping banks of thousands of crores of rupees. This would be another case where...
Good Glamm in talks to buy stake in St Botanica
Good Glamm Group is in advanced talks to acquire strategic stake in skin and personal care brand St.Botanica, which would make it the first acquisition for the company after it joined the club of unicorns this week. A...
IPO-bound Nykaa buys skincare company Dot & Key
IPO-bound Omni-channel beauty and consumer-care products retailer Nykaa has acquired homegrown skincare brand Dot & Key. This is the first D2C (direct to consumer) beauty brand acquired by Nykaa, which is looking to...
Renee Cosmetics raises $1.5 million in pre-series A funding
Beauty brand Renee Cosmetics on Friday said it has raised $1.5 million in its pre-series A funding round, led by Equanimity Ventures and 9Unicorns along with Titan Capital. Founded by Aashka Goradia Goble along with...
