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FMCG major Dabur India Limited on Thursday launched 'Dabur Ventures', an investment platform with capital allocation of up to Rs 500 crores, with an aim to invest in new-age digital-first businesses Under the venture, the capital would be entirely funded by Dabur's balance sheet. The stated Rs 500 cr capital would be invested in acquiring a stake in high-potential, new-age digital-first businesses that demonstrate strong growth potential."Our approach will be to invest in new-age future-forward businesses in the spaces of Personal Care, Health Care, Wellness Foods, Beverages, and Ayurveda," Mohit Malhotra, CEO, Dabur India Ltd., said. "This initiative underscores our commitment to innovation-led growth, while accelerating our premiumisation journey and opening doors to emerging consumer spaces that define the future of our industry."Dabur India is one of India's leading FMCG companies. Its portfolio includes three Rs 1,000 crore brands, alongside three Rs 500 crore brands and 16 brands in the Rs 100-500 crore range.The company on Thursday announced its Q2 results for FY26 reporting a 6.5% year-on-year increase in its consolidated net profit at Rs 453 crore, up from Rs 425 crore a year ago. Dabur ended the quarter with a consolidated revenue of Rs 3,191 crore, a 5.4% growth over the previous year.Live Events"Our India business reported market share gains across 95% of the portfolio, a clear testament to our focused brand investments and deep consumer connect," Malhotra said on the company's Q2 performance.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News ondabur indiadaburDabur VenturesDabur Indiacapital investmentpersonal carehealth careAyurvedawellness foods (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News ondabur indiadaburDabur VenturesDabur Indiacapital investmentpersonal carehealth careAyurvedawellness foods(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless
