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FMCG Industry India News & Recent Update | IBEF

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TechnifyBiz raises funds from Omnivore & Insitor Digital B2B food commodity marketplace TechnifyBiz raised about Rs 14 crore (US$ 2 million) from Omnivore and Insitor Impact Asia Fund in its seed funding round....

IBEF January 15, 2020

Personal care brand, Mamaearth, raises Rs 130 crore in a round led by Sequoia India Mamaearth, which is an FDA-approved personal care brand, has raised Rs 130 crore (US$ 18.60 million) in a third round of institutional funding led by Sequoia India....

IBEF January 09, 2020

ITC bets big on frozen food segment, eyes 20 per cent market share in 3 years ITC, a diversified conglomerate, is targeting up to 20 per cent of the Rs 7,400 crore (US$ 1.06 billion) frozen food market in India in next three years....

IBEF December 12, 2019

FMCG sales on e-commerce sites to touch US$ 4 billion by 2022: Nielsen The sales of fast-moving consumer goods (FMCG) on the e-commerce sites are expected to reach US$ 4 billion by 2022, according to Nielsen....

IBEF December 05, 2019

Wipro acquires South African personal care company The consumer care business of software provider Wipro Ltd, Wipro Consumer Care and Lighting (WCCL), acquired Canway Corporation, a South African personal care maker to enter the country with 58 million consumer base....

IBEF December 04, 2019
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