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Reliance Consumer Products is pouring more than Rs 600 crore into a new integrated food‑and‑beverage park in West Bengal, marking the conglomerate’s first FMCG‑focused investment in the state. The sprawling complex at Haringhata is set to boost regional manufacturing capacity and diversify the company’s product range.
At the same time, lifestyle‑tech brand DailyObjects secured Rs 332 crore in a Series C round, valuing the company at about Rs 1,050 crore. The capital will fuel a rapid retail rollout, with the firm targeting 150 new stores over five years and expanding its product development and international outreach.
These back‑to‑back deals underscore a broader trend of robust capital flowing into India’s consumer and retail landscape, spanning FMCG, accessories, and tech‑enabled retail. The influx of funds not only accelerates market expansion but also signals investor confidence in the country’s growing consumer demand.
Watch next: How the new food‑and‑beverage park will impact local supply chains, the pace of DailyObjects’ store openings, and whether other consumer‑focused startups will tap similar funding streams in the coming months. [[1]]