CavinKare’s digital-first Personal Care Brand – Buds & Berries revealed an exclusive platform to offer consumers an indulgent experience. Consumers can now access the entire range of Body Care, Skin Care and Hair Care products brought together by handpicked exotic garden-inspired ingredients. Aligning with the demands of new-age women, Buds & Berries is a clean … Read more
The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of India’s leading cement companies – Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19% in Ambuja Cements and 54.53% in ACC (of which 50.05% is held … Read more
TradeIndia, India’s largest online B2B marketplace, has begun aggressive hiring plans in a variety of industries. TradeIndia is looking to start an aggressive talent acquisition campaign at all levels, from executive to C-suite leadership, as part of its expansion plan and employee care scheme. The brand is currently focusing on undertaking more leadership acquisitions on … Read more
Omega Healthcare has announced that it will expand its operations in India over the next 12 months, with plans to add 18,000 specialists. According to a press release from the company, the expansion would include operations in Bangalore, Chennai, and Hyderabad. The technology-enabled healthcare service provider has already begun the employment process, with 4,500 specialists … Read more
Biocon Biologics Ltd., a subsidiary of Biocon Ltd.has entered into a definitive agreement with its partner Viatris Inc. (NASDAQ: VTRS). Accordingly, Biocon Biologics Ltd. (BBL) will acquire Viatris’ biosimilars business to create a unique fully integrated global biosimilars enterprise. The revenues of this acquired business are estimated to be USD 1 billion next year. Viatris … Read more
The Coca-Cola System in India* released its Sustainability Update for the year 2020-21, in line with its principle of ‘building sustainable communities as foundations for sustainable businesses’. The update outlines the Company’s (Company refers to the Coca-Cola System in India) endeavor to ‘Refresh the World and Make a Difference’. In conjunction with a strong emphasis on … Read more
Cult.fit, the fitness startup, has announced that it has purchased a controlling investment in F2 Fun & Fitness India, the Indian franchise of multinational gym chain Gold’s Gym. Cult.fit will now run the Gold’s Gym business in India as a result of this acquisition. According to a press announcement, Cult.fit will focus on independently developing … Read more
Pre-owned car retailing platform Spinny has acquired a 100% stake in AI-powered Connected Car startup Scouto. The deal will mark one of the first consolidations in the AI-powered used car solutions segment where Spinny is gunning big to emerge as the market leader. Founded by ex-racecar driver Akshay Gupta (CEO) & Shubham Sharma (CTO), Scouto … Read more
Ezetap, a leader in digital payments, has announced that Byas Nambisan, the company’s CEO since 2019, has been selected as a Co-Founder by the Board of Directors. This honour honours his work in propelling the company to the forefront of India’s burgeoning finance scene. Arjun Ramesh, Vice President International Sales, UAE, and Tamal Das, Vice … Read more
Direct-to-consumer (D2C) brand Jhaji Store, an online pickle store that sells authentic homemade achars, has raised an undisclosed amount from Velocity.in, India’s largest revenue-based financier. This is the first round of external financing Jhaji Store has raised. Founded in March 2021 by the sister-in-law duo – Kalpana and Uma, Jhaji Store is a women-led D2C … Read more
The Flipkart Group today announced the acquisition of Yaantra, an electronics recommerce company, to strengthen its recommerce business and enhance after-sale offerings for its customers in the smartphones segment. Yaantra, incorporated in 2013 by Jayant Jha, Ankit Saraf and Anmol Gupta, is a leading brand that repairs and sells refurbished consumer tech products such as … Read more
Indian born Engineer Vaibhav Ghadiok has architected the first autonomous traffic management platform in the world. This young 36-year-old is a pioneer in the field of robotics with multiple inventions and patents to his name. He is the Executive VP of Engineering at Hayden AI (Silicon Valley, USA), where he is using his expertise in … Read more
Plixxo, MissMalini, Winkl, and Vidooly, India’s premier influencer management, marketing, and analytics platforms, have merged to become the Good Creator Co, India’s largest creator ecosystem. The Good Glamm Group’s clandestine purchases of Winkl and Vidooly are also revealed in this release. They’ve now formed their own company, the Good Creator Co. The Good Glamm Group … Read more
Speciality chain Of Cardiac Clinics, Vaidya Sane Ayurved Laboratories Limited, a unique medical service institution popularly known as ‘Madhavbaug’ that treats chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda has filed its draft red herring prospectus (DRHP) and has received in principle, … Read more
GPT Healthcare, which owns and manages hospitals under the ILS Hospitals brand, has received permission from the Securities and Exchange Board of India (Sebi) to begin its initial public offering (IPO). According to the draught red herring prospectus, the initial public offering (IPO) will include a fresh issue of equity shares worth Rs 17.5 crore … Read more
Honasa Consumer Pvt. Ltd. (HCPL), the parent company of Mamaearth, The Derma Co., and the fastest growing personal care House of Brands, has closed a USD 52 million round led by Sequoia Capital, solidifying the business’s leadership in the D2C personal care space. Sofina Ventures SA, a Belgian investment firm, and Evolvence, a UAE-based India-focused … Read more
