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VLCC Forays Into Men's Grooming Eyes Rs 100Cr Beauty and wellness firm VLCC said in a statement, it has entered into men's grooming segment with the launch of 'Ayush Men' and is eyeing Rs 100 cr revenue in three years from the category. The current range, which includes face wash, face scrub, shaving gel and moisturizer, is available in retail stores across India. VLCC Personal Care Chief Business Officer M V Natarajan said “We are looking to garner 20 per cent of product sales from the newly entered segment and revenue of Rs 100 crore in three years.  With men paying more attention to their appearance and skin than ever before, the market for men's grooming in India is expected to grow at a CAGR of over 17 per cent through 2020.” According to an Assocham report, the male grooming industry is expected to touch Rs 35,000 crore in next three years from current Rs 16,800 crore, due to rising aspiration among men to look better and rapid urbanisation. ...

Technology Education Services Provider NIIT Acquires Eagle International  Technology education services provider NIIT Ltd has acquired US-based Eagle International Institute, Inc. for $8.1 million (Rs 51.3 crore) in cash. The deal value includes both upfront and deferred payments to be made over five years, NIIT said in a stock-exchange disclosure. NIIT bought Eagle International, which operates under the name Eagle Productivity Solutions, through wholly owned unit NIIT USA Inc. The acquisition will strengthen NIIT’s customer base in the pharmaceutical and life sciences industries and expand its training capability for global rollouts of cloud-based enterprise applications. NIIT chief executive Sapnesh Lalla said “Life sciences domain and software application adoption expertise have been of keen interest to the company and that Eagle has a loyal and strong list of customers in the life sciences segment.” Incorporated in 1988, Eagle provides technology ...

Tata Sampann Launches Multi Grain Khichdi Tata Sampann has launched ready-to-cook multi-grain khichdi mix which it will sell in 28 cities through e-commerce portal Amazon, Star Bazaar outlets in Mumbai, Pune and Ahmedabad. "Our approach is to bring to consumers, products that are at the intersection of modern science and traditional Indian wisdom. Khichdi is a perfect example of this wisdom and with the ready to cook Khichdi mix. We are delighted to bring a unique combination of convenience, taste and nutrition to our consumer's plate," said Richa Arora, Chief Operating Officer, Consumer Product Business, Tata Chemicals. The khichdi mix has been formulated with food connoisseur and Tata Sampann's brand ambassador Chef Sanjeev Kapoor and is inspired from the Guinness World Record winning khichdi made with the company's products at World Food India in November 2017, the statement said.

Sheroes Acquires Child Healthcare Startup Babygogo Sheroes, the women’s-focused career platform, has acquired Delhi-based child healthcare startup Babygogo. The nature and value of the acquisition were not disclosed by the companies. The founders of Babygogo will join Sheroes as co-founders. This is the second acquisition in less than five months by Delhi-based Sheroes. In August this year, Sheroes had acquired Bangalore-based online career restart platform Women Restart for an undisclosed amount. Operated by AddoDoc Technologies Pvt. Ltd, Babygogo was founded in 2014 by Siddhartha Ahluwalia, Sowrabh N R S and Satyadeep Karnati. The firm started as a technology platform to hand-hold parents, particularly mothers, by offering baby care advice. The platform enables mothers to read helpful articles on baby food, health and day-to-day care. They can post queries, and doctors and experienced mothers respond in minutes. Parents can also track their child’s growth, get vaccination...

Sri Sri Tattva To Open 1000 Stores By The End Of 2018 Spiritual leader Sri Sri Ravi Shankar's consumer goods and wellness brand Sri Sri Tattva plans to expand its retail footprint with 1,000 retail stores by end 2018, and is targeting Rs 500 crore revenue. The proposed stores will be opened on a franchisee model in association with Franchise India. Arvind Varchaswi, managing director Sri Sri Tattva said “We've tied up with Franchise India, and will launch 1,000 odd stores in the next one year and have set a target of clocking Rs 500cr revenue from this. The company currently operates in 33 countries and the focus will shift this year to Latin America, West Asia, the Far East, Russia and East Europe. The third format, Sri Sri Tattva Home & Health will retail the entire range of daily use products and medicines apart from also having ayurveda doctors. The company will have three types of stores Sri Sri Tattva Mart, Sri Sri Tattva Wellness Place, and Sri Sri Ta...