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Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding, ET Retail - Vimarsana News

Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding, ET Retail

The Pradeep Cholayil-led company, which has a presence mainly in the North Indian markets, is likely to dilute an about 20-25% stake in its first fundraising round, people aware of the development said. The 54-year-old Medimix brand is one of the top-selling soap brands in Maharashtra, where it has close to a 10% market share.

medimix: Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding - Vimarsana News

medimix: Medimix soap maker Cholayil plans to raise Rs 450 crore, dilute holding

The Pradeep Cholayil-led company, which has a presence mainly in the North Indian markets, is likely to dilute an about 20-25% stake in its first fundraising round, people aware of the development said. The 54-year-old Medimix brand is one of the top-selling soap brands in Maharashtra, where it has close to a 10% market share.

SG Digest: Endowus partners iCapital, Atlas consortium inches closer to clinching Pak digibank licence - Vimarsana News

SG Digest: Endowus partners iCapital, Atlas consortium inches closer to clinching Pak digibank licence

The partnership allows Endowus clients to have access to a set of private market initiatives.

Aggressive development - Vimarsana News

Aggressive development

Q. How do you see Pakistan’s overall mobile market?A. The Pakistani mobile industry is robustly growing and developing at an unprecedented pace. The pandemic has not dimmed its growth with consumer interest and sales touching record-levels every...

M&P becomes official distributor of Jazz Digit 4G smart feature phones - Vimarsana News

M&P becomes official distributor of Jazz Digit 4G smart feature phones

M&P becomes official distributor of Jazz Digit 4G smart feature phones - ISLAMABAD, Pakistan: Jazz, Pakistan’s number one 4G operator and the largest internet & broadband service provider, has on boarded Muller & Phipps (M&P) Pakistan as the official distributor of Jazz Digit 4G smart feature phones. Starting at Rs 4,099, these smart feature phones are among the most affordable internet-enabled handsets. With the help of M&P, the variants of Jazz Digit 4G: Elite and Defender will be made available in various mobile markets nationwide. Commenting on this development, Asif Aziz, Chief Commer...

Source: dnd.com.pk