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Honasa Consumer Ltd, the owner of FMCG brands Mamaearth and The Derma Co, is planning to raise Rs 400 crore through its IPO. The company also plans to expand its salon business, BBlunt, and explore overseas expansion. Honasa Consumer's revenue for the financial year ending March 2022 was Rs 943.46 crore, with a profit of Rs 14.44 crore.
Gokaldas Exports Ltd has agreed to acquire Dubai-based apparel manufacturer Atraco Group for an equity consideration of $55 million to expand its global presence. Gokaldas, which ......
Nilgiri Dairy Farm News: Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other products.
Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other products.
'Given a chance would you invest in Airtel or Amazon in 2003? If the answer is yes, go check there (sic) financials for 1997-2007,' commented Varun Alagh on a LinkedIn post about IPO-bound Mamaearth's supposedly unreasonable valuations