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March 30, 2023 06:19 AM IST The Good Glamm Group expects a revenue run rate of Rs 100 crore in the next one year from this new men’s grooming category.
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March 24, 2023 10:31 AM IST With this, the beauty and personal care unicorn will increase its stake to 100 percent in both brands. The company has started consolidating acquired businesses as it eyes profitability by FY24.
- February 22, 2023 07:00 AM IST
The startup has raised the amount in its Series D funding round. The company also said it was operationally profitable, terming itself a ‘proficorn’.
- February 07, 2023 01:10 PM IST
The funds will be used for new brand acquisitions as well as brand growth, including product development, supply chain integration, and working capital investment, the company said in a statement.
- January 12, 2023 03:59 PM IST
G.O.A.T Brand Labs, a roll-up e-commerce startup, plans to make Chumbak a Rs 500 crore brand by 2025
- December 20, 2022 02:41 PM IST
Several packaged consumer goods makers have acquired D2C startups in 2022 or looking to invest. Marico, for instance, has acquired male grooming company Beardo, beauty brand JustHerbs and breakfast and snacks maker True Elements.
- December 12, 2022 05:22 PM IST
The brand aims to reach 100 million people over the next year by driving awareness digitally and leveraging HUL’s capabilities
- December 05, 2022 08:01 PM IST
Tweak India, based in Mumbai, will operate under Good Media Co, led by Priyanka Gill, co-founder of the Good Glamm Group and CEO of Good Media Co.
- November 10, 2022 09:53 PM IST
The eyewear retailer’s total expenses stood at Rs 1,726 crore in FY22 which rose from Rs 998 crore, an increase of over 72 percent.
- November 07, 2022 01:45 PM IST
The company, said sources close to the development, plans to use the funds for expanding its product portfolio.
- November 03, 2022 03:47 PM IST
In FY22, the company spent Rs 391 crore on advertising, while its cost of materials and employee benefit expenses increased to Rs 281 crore and nearly Rs 79 crore, respectively.
- November 03, 2022 06:20 AM IST
The company plans to utilise the funding towards expanding its retail presence and strengthening the team to build a global business
- October 12, 2022 01:17 PM IST
Fireside Ventures is the latest VC firm to raise a large India-dedicated fund, joining the likes of Sequoia Capital, Accel, Elevation Capital and Matrix Partners
- October 10, 2022 01:16 PM IST
India’s plant-based meat sector is expected to grow to $400 million over the next two years and there are more than 200 such meat, dairy, egg and ingredient startups in the country, Plant Based Foods Industry Association has said
- October 04, 2022 01:18 PM IST
In a statement, the VC firm said its maiden fund will invest in cleantech, fintech, deeptech, agritech, proptech, SaaS, digital media, direct to consumer, spacetech, defence, and logistics and supply chain.
- September 27, 2022 09:52 AM IST
The firm faced a storm of resistance from VCs, or 'vegetarian capitalists,’ as the founders called them. Licious co-founder Abhay Hanjura says that meat continues to be carried surreptitiously in black plastic bags, like sanitary pads, condoms, and alcohol, even though a majority of Indians consume meat.
- September 24, 2022 09:26 AM IST
Over the years, consumers have mostly relied on local butcher shops for meat and fish.
But, in recent years, with online meat players entering the space, millions of consumers have started ordering online.
Licious has been a key changemaker for this behavioural shift. In this video, we will take you behind the scenes of how the package is finally delivered after you place the order online..
- July 27, 2022 01:14 PM IST
This category became popular during the pandemic as people were working from home and did not have time to cook. It currently contributes 15-17% of Licious’ revenue and this is expected to increase.
- July 19, 2022 02:28 PM IST
Electronic items, along with direct-to-consumer (D2C) brands, affected the most. D2C brands also grappling with supply-chain issues as costs increase, say experts.
- July 06, 2022 11:18 AM IST
TBD clocked sales of Rs 30 crore in 2021-22, with over 3 lakh orders month on month. It has also been EBITDA positive for the last two years.
- June 28, 2022 03:34 PM IST
While it is not interested in acquisitions, Wipro Consumer Care has been funding startups through its venture investment arm
- June 01, 2022 01:15 PM IST
The Bengaluru-based startup competes with Rebel Foods, Biryani by Kilo, and EatClub (formerly known as Box8), which are at the forefront of this industry, and are building house of food brands.
- June 01, 2022 12:21 PM IST
Stagnating growth, customer-acquisition challenges and intense competition, combined with a sharp decline in funding, forcing companies to conserve cash, have given the industry a reality check
- May 31, 2022 09:33 AM IST
Notably, this is L Catterton’s first deal in India, after it hired Anjana Sasidharan from Sequoia Capital India to head investments in India and Southeast Asia last year
- May 23, 2022 05:47 PM IST
Marico’s other bets on the D2C segment include male grooming brand Beardo and organic beauty brand Just Herbs.
