Marico picks 45% stake in men’s grooming startup Beardo

Stack_shah_001Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, on Friday announced its foray into the male grooming market by picking up stake in Zed Lifestyle Pvt Ltd, which owns Beardo. The FMCG major, as per a stock market disclosure, acquired 45% stake for an undisclosed amount in the Ahmedabad-based company. The […]

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