Wipro Consumer Care and Info Edge have made separate investments totalling approximately $8.4m in consumer product maker Happily Unmarried.
India-based consumer product maker Happily Unmarried Marketing has secured approximately $8.4m in separate investments from IT services firm Wipro and classified listings provider Info Edge.
Founded in 2003, Happily Unmarried produces and sells novelty gifts, grooming and personal care products aimed at a male customer base through online and offline stores.
Wipro’s personal care product subsidiary, Wipro Consumer Care, has agreed to invest around Rs 50 crore ($7.7m) in return for a 20% stake in the company, according to the Economics…
