unilever ventures

unilever ventures is evaluating startups as part of the Innovation Programme and even otherwise for direct investments,” said a Hindustan Unilever (HUL) spokesperson.

Milkbasket, a micro delivery platform for groceries, announced on Tuesday that it has secured a $3 million investment in a Pre-Series A round. unilever ventures, the venture capital and private equity arm of Unilever, has also participated in the round.

New Delhi, Jun 4 () Grocery delivery startup Milkbasket Tuesday said it has raised an additional USD 10.5 million (approx Rs 69.

Peel-Works, a software-as-a-service platform for grocers and small retailers, has raised $5 million in a series-B round led by VC firm Equanimity Ventures with participation of HDFC Bank, global investment firm Schroder Adveq founder Bruno Raschle and existing investors unilever ventures, Chiratae Ventures and Inventus Capital.

Unilever Plc has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros ($5.1 billion), concluding a process of reviewing and spinning off the division that took more than two years.

Flipkart co-founder Sachin Bansal’s firm BACQ has invested Rs 20 crore in daily grocery delivery service, Milkbasket.

To send mid-level executives to work at startups for 3 months to 2 years to instil entrepreneurial mindset and agility.

The global sale of Sara Lee's personal care business to Unilever will not impact Sara Lee's Indian joint venture - Godrej Sara Lee - which deals in household care products.

Social ecommerce startup likely to get $10-12 million in this round.

Gunender Kapur, CEO of Unilever Nigeria, is said to be joining Reliance Retail as CEO of the foods and grocery division.

Milkbasket on Tuesday announced acquisition of Bengaluru-based e-grocery firm PSR Supply Chain. The latter ceased operations in June.

New Delhi, Jun 11 () Grocery delivery startup Milkbasket Tuesday said it will invest Rs 10 crore to scale up its fresh fruits and vegetable category as it aims to set up to 10 more fresh scouring centres across the country.

London-based Streetbees operates an app on which 3.5 million consumers share their thoughts, feelings and impressions at moments when they engage with brands. PepsiCo, Unilever and Proctor & Gamble are among its clients.

US venture capitalists Lightspeed and Helion Venture Partners are backing a Reliance Retail CEO for an Internet start-up, as an increasing number of retail industry professionals bet on the Indian online shopping boom.