Marico Limited announced it has acquired an additional stake of 4.14% in Apcos Naturals. Post acquisition, Marico will hold 56.52 per cent stake in the company. According to the company’s exchange filing, “We refer to our letter dated July 14, 2021 informing that Marico Limited (“Company”) has entered into definitive agreements to make a strategic…
Just Herbs, a luxury ayurvedic beauty brand, has raised $1.5 million in pre-series-A funding led by Roots Ventures. Other investors are high net-worth individuals (HNIs), and corporate executives. The company was founded by Arush Chopra in 2013. The company will use the funds to expand their product range, boosting distribution, and for new customer acquisition. …