Tag: emami
Posted in Startups
L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 crore
Innovist cofounder and chief executive Rohit Chawla is expected to pocket around Rs 600-700 crore from the sale of part of his stake to French…
Posted in Startups
Zoff Foods raises $2 million from JM Financial PE
Digital-first packaged spices brand Zoff Foods has raised fresh funding of $2 million from JM Financial Private Equity, underscoring continued investor interest in direct-to-consumer brands….
Posted in Economy
India scraps more South American soy oil cargoes as rupee slumps
India, the world’s largest vegetable oil buyer, canceled more soybean oil shipments from South America as the rupee’s slump to a record low widened the…
Posted in Startups
D2C startups in big FMCG bag, but still shy of gains
Direct-to-consumer (D2C) startups leapfrogged the scale of their businesses after getting acquired by India’s top consumer goods companies, but profits remain elusive, showed an analysis…