Henkel joins India's startup bandwagon with Henkel X - ET Retail
4 May 2019 10:36 AM IST
Henkel?s dive into India?s startup space comes even as other FMCG firms like HUL, Emami and Marico have been backing the next generation consumer ..
- Kress said that Henkel being a consumer goods company with a strong focus on R&D, is looking for companies in sectors such as B2B technology, laundry and beauty products and modern retail.
- We have seen over 1,500 new investment opportunities in the past two years," said Kanwaljit Singh, managing partner at Fireside Ventures, an early-stage fund which focuses on consumer startups.
- According to Kress, Henkel had discussions with two Indian VC firms for engaging with their portfolio companies.
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