trending Market Intelligence /marketintelligence/en/news-insights/trending/6zEfi5aurIqGw2NZ0582CQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Henkel invests in Indian digital platform startup m.Paani

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Henkel invests in Indian digital platform startup m.Paani

Household products and adhesives maker Henkel AG & Co. KGaA said Dec. 11 that it participated in a funding round for Indian startup m.Paani Solutions Pvt. Ltd.

Mumbai-based m.Paani developed a single digital platform that helps retailers provide a convenient and personalized online shopping experience for customers. It also offers last-mile delivery services to consumers as well as hyperlocal marketing, inventory and customer relationship support.

The German retailer did not disclose the size of its investment but said the move will help it boost its expertise in digital go-to-market models.

In addition, Henkel said the investment will help it gain valuable insights about the retail markets and consumer behaviors in emerging markets.

"M.Paani is bridging the technology gap to ensure that our local retailers not just survive but thrive in India 2.0. The future of Indian retail is, and must be, local," said Rahmyn Kress, global head of Henkel's venture arm.