investment
Companies

Amazon India To Invest Rs 2,800 Cr To Advance Associate Safety, Up Ops Network

The company said that it will invest in technology, including artificial intelligence (AI) and machine learning, to make its operations network safer and more efficient

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Companies

Eveready Commissions Alkaline Battery Facility In Jammu With Rs 200 Cr Investment

The plant has an annual peak production capacity of approximately 360 million alkaline batteries, with an annual installed capacity of 456 million

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Companies

Sloan Ups India Presence, Invests In Essel Bath Fittings

As part of the transaction, Essel Bath Fittings will continue to operate under its existing brand, while Sloan will remain positioned as a premium brand

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Companies

Cupid Deploys Rs 82.88 Cr As Investment Into Baazar Style Retail

Pursuant to this, the company has been allotted 1,01,00,000 warrants, convertible into equity shares of Style Baazar

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Brands

Fitness Platform Cultfit Raises $47 Mn From Singapore’s Temasek

The fresh capital is expected to support Cultfit’s expansion plans, strengthen its product offerings and scale its presence across key markets

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Electronics Interviews

Voltas Eyes Outpacing Industry With 20%+ Growth This Summer: MD

Mukundan Menon, MD Voltas, says that the company’s Rs 600 crore-plus investment across plants will drive capacity expansion and localisation

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Consumer Food

Confectionery Brand Fulva Gets Aman Gupta’s Backing To Accelerate Expansion

The newly raised capital will be deployed towards marketing and brand building, expanding distribution across quick commerce platforms, marketplaces and offline retail

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Beauty

Dabur To Acquire Minority Stake In RAS Beauty For Rs 60 Cr

RAS Beauty is a Raipur-based digital first, farm-to-face luxury skincare brand with a strong presence in the natural beauty segment

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Companies

Balaji Wafers To Receive Strategic Investment From General Atlantic

With General Atlantic’s investment, Balaji Wafers will focus on further strengthening key corporate functions across the company and accelerating innovation

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Companies Food & Beverage.

United Spirits To Up Stake In Zero-alcohol Brand Sober To 25%

The company’s board has approved a further investment of Rs 3.2 crore in V9 Beverages (Sober), through the subscription of 1,762 compulsorily convertible preference shares

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