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FMCG stocks ease - Vimarsana News

FMCG stocks ease

FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 168.93 points or 1.34% at 12436.61 at 13:48 IST. Among the components of the S&P BSE FMCG Sector index, Prabhat Dairy Ltd (down 3.94%), Hindustan Unilever Ltd (down 2.89%),Varun Beverages Ltd (down 2.84%),Bajaj Consumer Care Ltd (down 2.5%),Future Consumer Ltd (down 2.09%), were the top losers. Among the other losers were Vishwaraj Sugar Industries Ltd (down 1.71%), Emami Ltd (down 1.67%), Cupid Ltd (down 1.53%), Associated Alcohols & Breweries Ltd (down 1.4%), and Advanced Enzyme Technologies Ltd (down 1.3...

sleep solutions: Wakefit.co lands Rs 185 crore in Series B funding led by Verlinvest, Sequoia - Vimarsana News

sleep solutions: Wakefit.co lands Rs 185 crore in Series B funding led by Verlinvest, Sequoia

We'll soon meet in your inbox. Please wait... As part of the funding round, the company has also instituted an Employee Stock Ownership Plan (Esop) buyback worth Rs 15 crore for the benefit of early employees. It will also add another 40-50 employees to its Esop pool. “The latest round of funding will be deployed to accelerate the company’s strategic expansion to newer markets, foster product innovation and leverage technology to deepen its consumer first-approach,” Ankit Garg, co-founder and CEO, said. Following this round, the founders will continue to hold more than 50% stake and aro...