Huge focus on driving efficiencies in capital and talent, Former KKR India chief Nayar’s VC firm joins race to invest in D2C, Every consumer brand today has digital as its lifeblood and more!
In our thirty-ninth D2C Insider edition, explore Huge focus on driving efficiencies in capital and talent, In business thinking "ignorance is bliss" can be harmful rather than helpful and more!
Hello and welcome to the world of D2C Insider, your weekly dose of insights, news, and trends from the direct-to-consumer space in India and beyond. In D2C Insider Digest’s thirty-ninth edition you'll see:
Huge focus on driving efficiencies in capital and talent; see bigger opportunity in rural: Sunil D'Souzaa
Sunil D'Souza, MD and CEO of Tata Consumer Products, emphasizes a back-to-basics approach focusing on distribution, branding, and innovation. He anticipates a 3-5% inflation rate in India due to economic growth. The company specializes in pantry essentials like pulses, spices, and dry fruits, prioritizing quality and trust in their products.
Former KKR India chief Nayar’s VC firm joins race to invest in D2C fashion brand
The Pant Project is a direct-to-consumer fashion brand that Sorin Investments, under Sanjay Nayar's direction, is thinking about investing in. Despite talks with Fireside Ventures falling through, Sorin is offering a higher valuation. The Pant Project, known for comfortable bottom wear, aims for Rs 100 crore revenue in FY 2024–25, with revenue doubling in FY 2022–23.
Krishan Kumar, who's building Zopoxo, shares important ideas about business success.
He believes staying curious is crucial for success in today's competitive world.
Here's why:
Remember, curiosity is the key to keeping growing, both personally and professionally!
The Good Glamm Group knows how important it is for brands to be online nowadays. As someone who's started both tech and consumer-focused companies.
Even tech investors are now putting money into consumer brands because they rely on data and good technology to reach customers.
Building brands in India is a bit different:
So, by using technology and understanding what people want in India, brands can do well online and keep customers happy.
The Ayurveda Experience (TAE), a D2C brand, secured $27 million in funding led by Jungle Ventures. TAE plans to use the funds to strengthen its brand, engage customers better, and develop new products. Established in 2010, TAE sells beauty and health products and offers Ayurveda-related services. CEO Rishabh Chopra thanked his partners for their support.
Mumbai's Foxtale, a D2C skincare brand, raised $14 million from Panthera Growth Partners, Matrix Partners, and Kae Capital. Despite FY23 losses, it aims to reach Rs 1,000 crore in five years under Romita Mazumdar's leadership. This boosts D2C skincare, with competition from Sugar Cosmetics, WOW Skin Science, Plum, MamaEarth, and Minimalist. Sugar Cosmetics also seeks $100 million.
🙅 What are D2C brands doing wrong?
1. D2C Insider Pitchathon Bengaluru Summit
🚀 Seeking your next round of funding?
🎉 Introducing the highly anticipated D2C Insider Pitchathon at the D2C Insider Bangalore Summit on March 29th, 2024!
2. Elevate Super 30
A. Program Update
Sessions conducted of Elevate Super 30 this week: 🚀
B. Elevate Super30 Brand Corner
Founded in 2019 Assembly makes minimal yet functional travel luggage and accessories for frequent travellers. Assembly believes that travelling should be an experience beyond destinations and we enhance and elevate the quality of these travel stories, no matter how big or small.
The HAY! brand is based on an alliance between quality product and a coherent brand image. Dressing the modern, urban woman for her daily needs is the formula Hay has analyzed, adapted and applied.
Shudh Online was founded in 2019 to build a trusted brand for Natural Health/Personal care products and spread these to the world. They have 50+ products which are all single ingredients 100% natural & have delivered more than 5 Lac orders till date.
C. Be Part of Elevate Super 30 Cohort 2 by joining the waitlist here
3. D2C Insider Super Angels Fund
Introducing the Early Super Angels of D2C Insider Super Angels Fund – India's first operator-led consumer fund backed by top founders from the D2C space in India!
If you are a startup founder seeking relevant and strategic capital, fastrack your success with the D2C Insider Super Angels Fund!
If you are an angel investor looking for exclusive investment opportunities, the D2C Insider Super Angels Fund is for you!
Stay tuned for more updates and future events. Let's keep taking your D2C business to new heights
Until then, keep rocking the D2C world! 🚀