Emami group, which has business interest in fast-moving consumer goods, retail and pharmacy, is now reportedly planning to invest in the start-up space. In this regard, the group has already received applications from domestic and foreign start-ups, seeking funds to launch or expand operations.
The fund for these investments will come from the group’s consolidated coffers and not from any of its individual business units. The investments would not be made in a personal capacity by its promoters and directors.
Emami is the flagship company of the Emami Group and engaged in manufacturing products under various categories namely Hair Care, Skin Creams and Lotions, Talcum Powder and ayurvedic health care products.
