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Wipro Consumer Care to invest in Happily Unmarried

Press Trust of India  |  New Delhi 

Consumer Care, a business unit of Enterprises, today said it will invest an undisclosed amount in creative products company Happily Unmarried Marketing Pvt Ltd (HUMPL).

Consumer Care has agreed to make an investment in Happily Unmarried Marketing Pvt Ltd (HUMPL), the company said in a statement.

Yesterday, Happily Unmarried Marketing received about Rs 5 crore funding from

The company said it will use part of the fund for repayment of existing debt advanced by a wholly-owned subsidiary of

Happily Unmarried, which started operations in 2007, is engaged in the business of designing and developing original, fun and creative range of products including a grooming range for men under the brand name 'Ustra' through self-run as well as third part retail outlets as also through its web portal

Wipro Consumer Care said this investment is in line with the company's strategy of leveraging emerging online opportunities brought about by rapid digitalisation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 09 2017. 20:42 IST