Dabur India and Amazon India have formed a joint venture (JV) to sell the former’s Ayurvedic products on the latter’s online marketplace.

Consumer goods company Dabur India will take the lead on the content as part of the JV.

Dabur India expects the deal to strengthen its presence in the natural consumer products market.

Shoppers Stop has reached an agreement to raise approximately Rs1.79bn ($27.54m) in a private placement of 43,95,925 preference equity shares, representing a 5% stake in Shoppers Stop.

The shares will be subscribed to Amazon.com NV Investment Holdings LLC.

Based in India, Shoppers Stop is a retailer that plans to utilise the proceeds towards capital expenditure, working capital and general corporate purposes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"Dabur India expects the deal to strengthen its presence in the natural consumer products market."

Home Inc. has completed a Series A financing round to raise $5m.

The financing round was led by Sky9 Capital and saw the participation of existing investor Capital Today.

Sky9 Capital and Capital Today are private equity firms based in China, while Home Inc. is a social e-commerce platform for furniture and home furnishings.

J.Carter Sporting Club (operating as Castore) has raised £1.2m ($1.62m) in funding from a group of private investors.

The financing will be used to open stores in Canary Wharf, Bank and Chelsea in London, UK.