D2C startups in big FMCG bag, but still shy of gains

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Direct-to-consumer (D2C) startups leapfrogged the scale of their businesses after getting acquired by India’s top consumer goods companies, but profits remain elusive, showed an analysis of these startups’ financials by ET.

Over the past five years, rel=”dofollow” href=”https://economictimes.indiatimes.com/hindustan-unilever-ltd/stocks/companyid-13616.cms” target=”_blank”>Hindustan Unilever (HUL), rel=”dofollow” href=”https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms” target=”_blank”>ITC, rel=”dofollow” href=”https://economictimes.indiatimes.com/marico-ltd/stocks/companyid-5886.cms” target=”_blank”>Marico, and rel=”dofollow” href=”https://economictimes.indiatimes.com/emami-ltd/stocks/companyid-5619.cms” target=”_blank”>Emami, among others have either acquired or taken controlling stakes in at least a dozen digital-first brands as these fast-moving consumer goods firms moved to exploit the ecommerce boom. The partnerships helped the brands significantly scale up distribution…



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D2C startups in big FMCG bag, but still shy of gains


Direct-to-consumer (D2C) startups leapfrogged the scale of their businesses after getting acquired by India’s top consumer goods companies, but profits remain elusive, showed an analysis of these startups’ financials by ET.

Over the past five years, rel=”dofollow” href=”https://economictimes.indiatimes.com/hindustan-unilever-ltd/stocks/companyid-13616.cms” target=”_blank”>Hindustan Unilever (HUL), rel=”dofollow” href=”https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms” target=”_blank”>ITC, rel=”dofollow” href=”https://economictimes.indiatimes.com/marico-ltd/stocks/companyid-5886.cms” target=”_blank”>Marico, and rel=”dofollow” href=”https://economictimes.indiatimes.com/emami-ltd/stocks/companyid-5619.cms” target=”_blank”>Emami, among others have either acquired or taken controlling stakes in at least a dozen digital-first brands as these fast-moving consumer goods firms moved to exploit the ecommerce boom. The partnerships helped the brands significantly scale up distribution…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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