Reliance Consumer acquires Velvette, shampoo brand behind the sachet revolution

Reliance Consumer Products Ltd (RCPL) on Friday announced the acquisition of the iconic sachet shampoo brand ‘Velvette,’ strengthening its FMCG portfolio and adding another heritage brand to its revival list.

ALSO READAsian Paints to sell its Indonesia business for Rs 48 crore, will book Rs 90 crore worth of loss on divestment

Addressing a press conference, RCPL’s COO Ketan Mody said the company has acquired a perpetual license to produce ‘Velvette’ products and aims to revive the brand and expand its reach nationwide. However, he declined to disclose financial details of the acquisition.

A wholly owned subsidiary of Reliance Retail Ventures, RCPL has been actively acquiring and reviving legacy Indian brands, including Campa Cola, confectionery brand Ravalgaon, Lotus Chocolate, and Sil Foods (sauces and jams brand).

Mody noted that RCPL already has a strong personal care portfolio, and the ‘Velvette’ acquisition will further complement its offerings. “Our immediate plan is to relaunch shampoo sachets and then extend the brand into a wider personal care range, including soaps, body care, and body wash under the Velvette name,” he said.

For the first nine months of FY25, RCPL recorded a revenue of ₹8,000 crore.

Velvette was launched in 1980 by CK Rajkumar, founder of Sujatha Biotech. Inspired by his father R ChinniKrishnan vision, Rajkumar pioneered the concept of packaging shampoo in PVC pillow pouches, earning him the title of “Sachet King.” His innovation transformed the FMCG industry, prompting Indian and global brands to introduce sachet-based personal care products, making them more accessible and affordable for millions.

In the early 1980s, Velvette had a marketing tie-up with Voltas. Later, Rajkumar partnered with the Godrej Group for marketing and distribution, turning Velvette from a regional brand into a nationally recognised name. He also developed other popular products, including Nivaran 90, a cough syrup sold in sachets, and Memory Plus, an herbal supplement for memory enhancement. He passed away in October 2020.

ALSO READBritish American Tobacco announces intention to divest its stakes in ITC Hotels by 2026

Speaking at the press conference, his wife, Sujatha Rajkumar, and son, Arjun Rajkumar, said Velvette has not been in production since the Covid-19 pandemic. Velvette has a manufacturing facility in Kashipur, Uttarakhand.  

 » Read More

Related Articles

Quiet start: Nifty opens above 22,500, Sensex flat; M&M, ICICI Bank lead early trade

Indian stock markets opened on a flat note on Tuesday, with both the Sensex and Nifty slipping into the red. The NSE Nifty 50 declined by 36.80 points or 0.16% to 22,516.50, while the BSE Sensex dropped 14.11 points or 0.02% at 74,440.30 the opening bell. The top gainers in the early trade include M&M

What’s the next stop for Nifty? Analysts say watch out for support at 22,400

The benchmark indices of the Indian share market saw a significant decline in yesterday’s trading sessions. The Nifty 50 has been breaching important support levels one after another. On Monday, the 50-stock compiled index closed the session below 22,600. Here are key support zones for Nifty 50 to watch out for.  According to Prbahudas Lilladher

NTPC Green Energy Share Price Today Live Updates, 25 Feb, 2025: NTPC Green Energy on the radar

Go to Live UpdatesNTPC Green Energy Share Price Today Live Updates, 25 Feb, 2025: The NTPC Green Energy share is in news and the counter closed trade on 24 Feb, 2025 at Rs 98.45. The shares touched intraday high of Rs 103.0 in the last trading session while the intraday low was at Rs 96.2.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Quiet start: Nifty opens above 22,500, Sensex flat; M&M, ICICI Bank lead early trade

Indian stock markets opened on a flat note on Tuesday, with both the Sensex and Nifty slipping into the red. The NSE Nifty 50 declined by 36.80 points or 0.16% to 22,516.50, while the BSE Sensex dropped 14.11 points or 0.02% at 74,440.30 the opening bell. The top gainers in the early trade include M&M

What’s the next stop for Nifty? Analysts say watch out for support at 22,400

The benchmark indices of the Indian share market saw a significant decline in yesterday’s trading sessions. The Nifty 50 has been breaching important support levels one after another. On Monday, the 50-stock compiled index closed the session below 22,600. Here are key support zones for Nifty 50 to watch out for.  According to Prbahudas Lilladher

NTPC Green Energy Share Price Today Live Updates, 25 Feb, 2025: NTPC Green Energy on the radar

Go to Live UpdatesNTPC Green Energy Share Price Today Live Updates, 25 Feb, 2025: The NTPC Green Energy share is in news and the counter closed trade on 24 Feb, 2025 at Rs 98.45. The shares touched intraday high of Rs 103.0 in the last trading session while the intraday low was at Rs 96.2.

More pain ahead? How will markets open today – Here are top 6 cues to watch out for ahead of trading on February 25

The GIFT Nifty implied that Indian equity indices BSE Sensex and NSE Nifty 50 may open on a subdued note on Tuesday as it took indications from Asia and overnight fall on Wall Street. Investor sentiments are jittered due to Trump’s tariff war on its trade partners.   Previously, on Monday, the NSE Nifty 50 finished

Warren Buffett’s Net Worth climbs to $155.5 billion as Berkshire Hathaway stock hits record high

Warren Buffett-led Berkshire Hathaway‘s stock hit an all-time high on Monday after the company, reported its biggest-ever fourth-quarter earnings. The company’s Class A shares went up by 4%, closing at $747,485.49. Earlier, the shares had reached $755,968. With Berkshire’s early week surge, Buffett’s net worth grew by $6 billion, reported Forbes. According to Forbes estimates