Wipro Consumer Care

The firm's India business grew 17%, while the Malaysia personal care biz grew over 20% and Vietnam crossed $100 mn in revenue, with double-digit growth

Founded in 2019 by a husband-wife duo and a gynaecologist, Gynoveda attempts to help women aged 14-45-years cure disorders such as infertility, PCOS, and irregular menstrual cycles

The acquisition will give Wipro Consumer Care and Lighting an entry into the Rs 70,000-crore spices market, which recently witnessed the entry of companies such as Dabur India

Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring Nirapara, one of the largest-selling traditional food brands in Kerala. The deal size was not disclosed by the company. The Wipro group arm has signed a definitive agreement with Nirapara, a company statement said. With this acquisition, Wipro Consumer Care joins FMCG firms such as Dabur, Emami, Tata Consumer Products Ltd and ITC, which are already present in the spices market. Launched in 1976, Nirapara is known for its blended spices. The brand leads in producing a large variety of spice mixes, and rice powder used in making 'appam', 'idiyappam', etc. "Nirapara is our 13th acquisition and gives us a clear foothold in the spices and read-to-cook segment," Wipro Consumer Care and Lighting and Executive Director - Wipro Enterprises Vineet Agarwal said. Presently, Nirapara's 63 per cent business comes from Kerala, 8 per cent from rest of India and the remaining 29 per cent from .

The brand is focused on creating premium quality, yet affordable, products to support the daily lifestyle needs of the consumers

Wipro Consumer Care & Lighting had recorded a revenue of Rs 8,634 crore for the financial year ended March 31

Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities

The company may also withdraw some variants of other categories that were launched during the pandemic, said Vineet Agarwal, chief executive officer of Wipro Consumer Care

WCCL has extended the brand Santoor from soaps to body lotion, hand wash and body wash

D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneurship also participated in the funding round. "This will accelerate the growth towards becoming India's first & fastest growing D2C Ayurvedic Personal Care & Wellness Brand," said a statement from The Ayurveda Company (TAC). Funds will be utilised to ramp up growth, production capabilities and venture into the retail sector. "In the next 12-15 months, TAC will be gearing up to grow to Rs 100 crore turnover, boost team and technology, expand market share, and strengthen its footing in the D2C space," it said.

Enlighted's cloud-connected smart sensors, distributed via lighting fixtures and under desks, create infrastructure collecting data about what is happening in the building multiple times per second

With the Series C round, beauty brand MyGlamm becomes the fastest beauty brand to cross the $100 million valuation mark in just three years of launch.

Move follows tapering demand for hand-wash and sanitisers

Company says has avoided comparative advertising after HC order, kits can be used to check pH value of soaps; verdict of ongoing court battle on Tuesday

Delaporte slashed the top ranks of leadership from 25 people to four. He stepped up acquisitions, with more on the way

The venture capital arm of the Azim Premji-backed FMCG company is in talks with over a dozen startups in these areas to invest into them

According to reports, the Indian hand hygiene market is expected to cross Rs 2,000 crore by 2025 registering a compounded annual growth rate of more than 9 per cent

Jyothy Labs' Managing Director MR Jyothy said better hygiene habits were the need of the hour

The venture capital fund which has a pool size of Rs 200 crore will be deployed over the next three years with fresh investments in 4-5 start-ups each year

Wipro Consumer Care on Tuesday announced it has signed a definitive agreement to acquire Canway Corporation, a South African personal care company. Canway markets brands 'Oh So Heavenly', 'Iwori' and 'IQ', Wipro Consumer Care said in a statement. The 'Oh So Heavenly' brand enjoys market leading position in multiple categories such as Bath & Shower, Hand Creams, Fragranced Body Sprays, and Kids Products, Wipro said. The company has its own manufacturing plant and R&D centre in Durban, the statement said. This is our 12th acquisition in the last 16 years. It is an important milestone for us given our vision of being among the top 3 players in personal care in Asia and Africa", Wipro Consumer Care CEO, Vineet Agrawal, said.