While it is not interested in acquisitions, Wipro Consumer Care has been funding startups through its venture investment arm
The company is relaunching Yardley deodorants as it seeks to grab a larger share of the fiercely competitive market.
Vineet Agarwal, President, Wipro Consumer said the second quarter has been a good one for the company and they have crossed Rs 1000 crore in its quarterly revenue.
Breaking up the earnings results for CNBC-TV18, Vineet Agrawal, president-cons care & lighting at Wipro Consumer says the company has witnessed a robust growth of around 30% across categories.
Software services to FMCG major Wipro has signed an agreement with Lornamead Group to acquire the Yardley business in UK and select European countries (excluding Germany and Austria).
When one buys a company, it's wise to set aside the acquirer's mindset of 'let me show you how to do it', says Vineet Agrawal