Honasa Consumer Limited, the parent company of Mamaearth and other personal care brands, reported a steady performance in the third quarter of FY26, with revenue growth supported by improved profitability and disciplined spending. The Gurugram based FMCG firm recorded revenue from operations of ₹602 crore in Q3 FY26, marking a 16.2% year-on-year increase from ₹518 crore in Q3 FY25, according to filings with the National Stock Exchange (NSE). Including ₹21 crore in non-operating income, total revenue stood at ₹622 crore during the quarter. Nine-Month Performance Remains Strong For the nine months ended December 2025, Honasa’s operating revenue rose 13.2% to…
Author: Adarsh Kumar
Founded in 2017, Dolphy has rapidly positioned itself as one of India’s fastest growing brands in the hospitality OS&E (Operational Supplies & Equipment) and commercial washroom automation solutions segment. In less than a decade, the company has built a strong presence across India, Australia, New Zealand, the Middle East, Nepal, Bhutan, and major Asian markets, serving premium hotels, large infrastructure projects, and Top MNC clients. With 35+ offices and a network of 450+ sales and service professionals, Dolphy combines scale, design innovation, and operational efficiency to deliver high performance solutions tailored for modern hospitality and commercial environments. Complete One-Stop OS&E…
Dabur India has laid the foundation stone for its first manufacturing facility in South India, marking a significant expansion of its production footprint. The new plant, located in Tindivanam, Tamil Nadu, will be developed with a total investment commitment of ₹400 crore, of which nearly one-third is already under execution. The groundbreaking ceremony was virtually performed by Tamil Nadu Chief Minister M K Stalin, in the presence of senior state officials and representatives from Guidance Tamil Nadu and SIPCOT. Strategic Expansion into South India The Tindivanam facility will initially manufacture Dabur’s popular oral care and personal care brands, including Dabur…
Pharmaceutical major USV has signed a definitive agreement to acquire a 79% stake in Nutritionalab Private Limited, the parent entity of Wellbeing Nutrition, marking its formal entry into India’s fast growing direct-to-consumer (D2C) nutraceutical market. The deal values Wellbeing Nutrition at approximately ₹1,583 crore, reflecting growing investor confidence in preventive healthcare and lifestyle focused wellness brands. Strategic Bet on India’s Nutraceutical Boom Founded in 2019, Wellbeing Nutrition operates in the vitamins, minerals, protein, collagen, omega, and dietary supplements segment. The company follows an omnichannel distribution strategy, selling through its own website, online marketplaces, offline retail networks, and international markets including…
Walmart-backed Flipkart is preparing to enter India’s fast growing online food delivery market, with a pilot launch planned in Bengaluru between May and June, according to industry reports. If the test phase gains traction, a wider rollout could follow by late 2026 or early 2027. The move signals Flipkart’s intent to diversify beyond e-commerce and quick commerce, as it looks to tap into a sector currently dominated by Zomato and Swiggy. Strategic Shift Beyond E-commerce Flipkart’s potential entry into food delivery marks a strategic expansion into high frequency consumption categories. Unlike electronics or fashion, food delivery drives repeat usage, stronger…
The Uttar Pradesh government has presented a ₹9.12 trillion Budget for the financial year 2026–27 (FY27), marking a 12.9% increase over the previous year’s ₹8.08 trillion outlay. The Budget signals the state’s continued emphasis on infrastructure-led growth while strengthening allocations to education, agriculture and healthcare. The Budget was tabled by Finance Minister Suresh Khanna in the Uttar Pradesh Vidhan Sabha, outlining the government’s fiscal priorities for the upcoming year. Education, Agriculture and Health Get Significant Allocation Sector-wise, education received the largest share at 12.4% of the total outlay, reflecting the state’s focus on human capital development. Agriculture accounted for 9%,…
Healthcare-focused venture capital firm W Health Ventures has announced the first close of its second fund at Rs 550 crore, marking a significant step in its continued bet on technology-led healthcare startups. The firm has set a target corpus of around Rs 630 crore for Fund II and plans to back 8–10 early stage healthcare ventures over the investment cycle. Investment Strategy and Focus Areas W Health Ventures will invest Rs 30–50 crore per startup, primarily at the early stage. The fund will continue to follow its distinctive company creation and incubation model, working closely with founders from the idea…
Online travel platform Yatra reported steady revenue growth in the third quarter of FY26, even as its net profit slipped into single digits amid higher operating costs. Revenue Growth Continues Yatra’s revenue from operations rose to Rs 257 crore in Q3 FY26, up from Rs 235 crore in the corresponding quarter last year, according to its consolidated unaudited financials filed with the NSE. Including Rs 4.5 crore from financial income, the company’s total income stood at Rs 261.5 crore, compared to Rs 241 crore in Q3 FY25. For the nine-month period ended December, Yatra’s operating revenue surged 43% year-on-year to…
Zerodha-backed Rainmatter Investments has acquired a 51% majority stake in digital pension platform PensionBox in a $2 million deal structured through a mix of primary and secondary transactions. The transaction provides a full exit to early investors including 100X.VC, SAT Industries, Keynote Capital, LetsVenture, and several angel backers. Post acquisition, founders Kuldeep Parashar and Shivam Parashar will retain a combined 48% stake in the company. Strategic Focus: Corporate NPS Expansion Founded in 2021, PensionBox operates as a PFRDA-regulated digital pension platform, enabling individuals and enterprises to open and manage National Pension System (NPS) accounts online. Its offerings include instant onboarding,…
India’s private spacetech momentum gathered further pace as Ethereal Exploration Guild (EtherealX) closed a $20.5 million Series A round, propelling its valuation nearly sixfold to around $80 million (Rs 720 crore). The round was led by existing backer BIG Capital, with participation from TDK Ventures, Accel, Prosus, YourNest Venture Capital, BlueHill Capital, Campus Fund, and Riceberg Ventures, among others. Funding Structure and Valuation Surge As per regulatory filings, EtherealX approved the issuance of 9,763 Series A preference shares at Rs 1,87,920 each, aggregating to Rs 183.4 crore ($20.5 million). The company has already received approximately $9.7 million, with the remaining…