Wipro Consumer Care And Lighting: Wipro Consumer Care - Ventures has launched a second fund with a corpus of Rs 250 crore, focusing on investing in consumer startups in India and Southeast Asia. The fund, launched four years ago with a corpus of Rs 200 crore, has made 10 investments so far. The fund has made part exits from two of its investments and has achieved a 10x increase in a short period.
Best Media Info: With the acquisition of the spice brand from Kerala, Wipro Consumer Care has joined the likes of FMCG players such as Dabur, Emami, Tata Consumer Products and ITC| Marketing News