CavinKare

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

Firms say hike needed to cover high input costs

Firm lists its signature products exclusively on Amazon; the Buds and Berries range includes Shampoos, face masks and lotions among other things

The firm, which expects the sector to grow 15-20% a year and hit $1.2 bn by 2024, will be competing with the likes of P&G, Hindustan Unilever, Dabur, L'Oreal and Nivea

In a Q&A, the company CEO, in charge of the FMCG business details about pricing pressure, cartelisation issues in the raw material space and the company's roadmap, going ahead

CavinKare indicated that the business will be split into mainly four different streams - FMCG, ecommerce, retail and research and development.

The company said it plans scaling up the My Cavin's brand with 150 outlets across regions by 2025

Many are testing hybrid models to ensure safety and hygiene; seat-booking module introduced in some companies

We look to establish the hospital across the globe, said Ranganathan, also a professional bird breeder

Firm plans to expand to 500 stores mostly in Tamil Nadu and Maharashtra; pilot store set up in Thane

Adi Godrej and ITC Chairman Sanjiv Puri were in Delhi this month to meet Finance Minister Nirmala Sitharaman as part of an outreach programme to tackle the slowdown

CK revolutionised the shampoo market by launching a 10 ml sachet shampoos targeting the 'bottom-of-the-pyramid' consumers some decades ago

By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future

CavinKare appointed Venkatesh Vijayaraghavan as Director and CEO, Personal Care, Alliances and Foods

Promoter of the diversified FMCG conglomerate, CavinKare Pvt. Ltd has bought back the stake held by private equity major ChrysCapital, in the company. The PE firm has invested around Rs 250 crore four years back for 14 per cent stake and exited with double the amount.The buyout move by CavinKare promoter C K Ranganathan marks ChrysCapital's first full exit from its sixth Fund, which has entered its harvesting phase. ChrysCapital had invested Rs 250 crore in CavinKare in 2013 and the investment delivered a little over two times of return in less than four years.Ranganathan, Chairman & Managing Director of the company, has confirmed the development, adding that he has consolidated his ownership to 100 per cent in the company.In 2013, CavinKare roped in ChrysCapital at a time when the company was looking to further strengthen its focus on the strategic direction and results. "The Company has benefited from the value that ChrysCapital has added over the period of its investment," said