Next Story
Newszop

Dabur India launches Rs 500 crore investment platform 'Dabur Ventures'

Send Push
FMCG major Dabur India Limited on Thursday launched ' Dabur Ventures', an investment platform with capital allocation of up to Rs 500 crores, with an aim to invest in new-age digital-first businesses

Under the venture, the capital would be entirely funded by Dabur's balance sheet. The stated Rs 500 cr capital would be invested in acquiring a stake in high-potential, new-age digital-first businesses that demonstrate strong growth potential.

"Our approach will be to invest in new-age future-forward businesses in the spaces of Personal Care, Health Care, Wellness Foods, Beverages, and Ayurveda," Mohit Malhotra, CEO, Dabur India Ltd., said. "This initiative underscores our commitment to innovation-led growth, while accelerating our premiumisation journey and opening doors to emerging consumer spaces that define the future of our industry."

Dabur India is one of India's leading FMCG companies. Its portfolio includes three Rs 1,000 crore brands, alongside three Rs 500 crore brands and 16 brands in the Rs 100-500 crore range.

Loving Newspoint? Download the app now