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Consumer products king Hindustan Unilever is apparently in early talks to buy a majority stake [https://www.livemint.com/companies/news/hul-in-discussions-to-buy-spice-maker-mdh-11647887626973.html] in India’s 2nd largest spice company, MDH — valuing the business at about ₹10 to ₹15K crores. MDH needs no introduction — started by the late Dharampal Gulati

What’s poppin’ — after making more than 5+ investments so far this year, Reliance Retail has now acquired an 89% stake [https://techcrunch.com/2022/03/20/reliance-clovia/] in a direct-to-consumer women’s undergarment brand called Clovia for about $125 million. Clovia [https://www.clovia.com/], operating since 2013, runs

What’s poppin’ — the prolonged Future Retail and Reliance saga has reached an interesting turn, where the cash-strapped Future is now accusing its savior Reliance [https://www.livemint.com/companies/news/future-says-reliance-s-takeover-of-stores-came-as-a-surprise-pledges-action-11647428639195.html] of forcibly taking control of thousands of its stores, vowing to take them back. Some context: Future

What’s poppin’ — TechCrunch says Zomato has signed an agreement with the struggling [https://techcrunch.com/2022/03/15/zomato-and-blinkit-reach-agreement-for-merger/] grocery delivery player, Blinkit (earlier known as Grofers), to merge the operations of both companies — in an all stock deal estimated to be worth over $700 million in value! Folks

What’s poppin’ — Ebix Cash [https://www.ebixcash.com/introduction/], the India-arm of the global tech giant called Ebix Inc., filed its docs with SEBI to raise ₹6,000 crores from the public markets [https://economictimes.indiatimes.com/markets/ipos/fpos/ebixcash-files-draft-papers-with-sebi-for-rs-6000-cr-ipo/articleshow/90125247.cms] — joining a growing list of

What’s poppin’ — India’s top banking regulators last night dropped a bomb on the boys and gals running shop at PayTM, by stopping PayTM Payments Bank from onboarding any new customers [https://www.moneycontrol.com/news/business/rbi-directs-paytm-payments-bank-to-stop-onboarding-new-customers-orders-it-audit-8222121.html] until it’s technology is thoroughly audited. Fact is, bunch

What’s poppin’ — Entrackr says, Physics Wallah, an entrance-exam coaching company that started as a YouTube channel is in talks to raise roughly $100 million, its first outside money, from Westbridge capitalat a $1 billion valuation [https://entrackr.com/2022/03/exclusive-bootstrapped-startup-physics-wallah-pw-set-to-turn-unicorn-with-maiden-fundraise/] ! Until 2014, Alakh Pandey was on a regular