HUL Acquires Stakes In OZiva, Wellbeing Nutrition To Bolster Health & Wellness Play
Hindustan Unilever Limited has invested close to INR 335 Cr in acquiring stakes in two D2C nutrition brands OZiva and Wellbeing Nutrition.
Source: inc42.com
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HUL Acquires D2C Brands OZiva, Wellbeing Nutrition
Hindustan Unilever Ltd. is set to expand its nutrition as well as beauty and personal care businesses with two new acquisitions. The country's largest fast-moving consumer goods maker has cumulatively invested Rs 334 crore in two digital-first start-ups—OZiva and Wellbeing Nutrition, it said in an exchange filing on Thursday. This marks its foray into the Rs 30,000 crore health and wellness market that is "fast-evolving" post the pandemic.
Source: bqprime.com
Mankind Acquires Majority Stake In D2C Startup Upakarma Ayurveda
Pharmaceutical major Mankind has picked up a majority stake in D2C wellness brand Upakarma Ayurveda through one of its subsidiaries.
Source: inc42.com
India's $5 trillion-economy vision can only be driven by entrepreneurs, says Harsh Mariwala
The FMCG veteran spoke of the importance of entrepreneur contributions in a country’s economic growth at the ASCENT Conclave 2022.
Source: businesstoday.in
True Elements launches new campaign with a pinch of humour
Through the campaign, the brand encourages the audience to choose ‘Food That Does Not Lie’ and places True Elements as not just a health brand, but also a transparent and honest brand.
Source: afaqs.com