Mar 30, 2017 - Dabur India commissions manufacturing plant in Assam

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from TradeBriefs FMCG Daily Newsletter

Sree Vijaykumar

From the Editor's Desk
Ms. Kirsten Green is an unorthodox venture capitalist for several reasons. Apart from having never worked at a venture capital firm before starting her own in 2012, she is also a woman in a male-dominated field. (Of the top 20 venture investors this year, only two were women.) And unlike many generalist venture investors, who work in a range of areas, Ms. Green focuses specifically on commerce and other retail-related start-ups. In one of her first moves as a venture capitalist, she was part of a $1 million investment into Dollar Shave Club, then a tiny company, which sells razors to consumers online. Later, she invested in Jet.com, an e-commerce start-up that was vocal about wanting to take on Amazon. Last year, both those start-ups hit the jackpot: Unilever bought Dollar Shave Club for $1 billion, while Walmart purchased Jet.com for $3.3 billion. More here

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