ITC to Acquire 16 Percent Stake in Mother Sparsh
Mother Sparsh is raising INR 20 crore in Series A funding from ITC and it plans to use the capital in enhancing its R&D capabilities, digital capabilities, driving new product launches, and the expansion of the team. December 24, 2021 FMCG major ITC Limited is going to invest in Mother Sparsh Baby Care Pvt. Ltd., […]
The Moms Co. Scaling Up New Heights in its D2C Journey
The Good Glamm Group has acquired The Moms Co., India’s leading mom, and baby care brand to further boost its growth across South Asia. With the acquisition which has been the largest-ever transaction in the beauty & personal care segment, The Moms Co. has set out a goal to achieve an INR 500 crore revenue […]
India Needs Technical Regulations to Ensure Toys Meet Global Standards: PHDCCI
India should come out with more quality control orders and technical regulations for different products to check inferior and low-quality imports from China, industry chamber PHDCCI President Sanjay Aggarwal said in a statement. August 03, 2021 There is a need to ensure the manufacturing of quality toys that meet global standards and attract large-scale investments […]
P&G launches its first BabyCare Innovation Lab at Singapore Innovation Centre
The multinational conglomerate is expanding its R&D capabilities for the baby care division with different research units to design and develop products to serve in the Asia Pacific, the Middle East, and Africa. July 09, 2021 Procter & Gamble has announced the expansion of its research and development capabilities for its baby care portfolio with […]