Brands
Carnival Cinemas opens its first multiplex in north India
NEW DELHI: The Carnival Cinemas have launched a three-screen multiplex in EuroPark Mall of Sahibabad near Delhi with the screening of Akshay Kumar’s Entertainment.
The Carnival Group had earlier acquired HDIL’s multiplex chain Broadway Cinemas.
Following the strategy of ‘Vision 300’ (launching of 300 screens by 2015), Carnival Cinemas has spread its footprints in metros and pan India with an aim to offer better and enhanced quality movie watching experience across the nation.
Carnbival Group Chairman Shrikant Bhasi said, “After tapping metros, this is another step towards growth of Carnival Cinemas in tier II and III cities. Our mission and vision is to provide quality service and an excellent movie watching experience to our viewers. We are sure that Carnival Cinemas will become a major hub for entertainment with providing best facilities to our customers in the coming year. As competition, we plan to achieve our mission of phase one, as we see space for us to operate 300 screens”.
CEO PV Sunil told indiantelevision.com that this takes the total of Carnival screens to 40, and the Sahibabad theatre is the first in north India owned by the group.
Equipped with best technologies, Carnival has tapped the Europark mall in an area which is densely populated with major educational institutions and other industries. The connectivity of the locality with rest of Ghaziabad is another plus point to gear up the beginning.
Carnival Group is a Mumbai-based corporate with diversified business in hospitality, media and entertainment fields. It has already established its brands in movie production, distribution and exhibition along with food courts, events, equipment rentals as well as a music label. Carnival is currently present in Kerala, Karnataka, Tamil Nadu, Maharashtra, Madhya Pradesh, Uttar Pradesh and West Bengal.
Brands
Dabur buys minority stake in Ras Beauty for Rs 60 crore
Dabur Ventures deal backs fast-growing luxury skincare brand
MUMBAI: Dabur India Limited has dipped into the world of luxury skincare, signing a definitive agreement to acquire a minority stake in Ras Beauty Private Limited for Rs 60 crore. The investment marks the first bet from Dabur Ventures, the FMCG major’s Rs 500 crore platform set up in October 2025 to back high-potential, new-age direct-to-consumer brands.
Founded in Raipur by Shubhika Jain, her sister Suramya Jain and their mother Sangeeta Jain, Ras Beauty has grown from a family-led passion project into a fast-scaling “Farm-to-Face” skincare label. Its range of face elixirs, serums and moisturisers blends essential oils with nature-derived actives, striking a balance between botanical purity and laboratory precision.
The numbers tell their own story. Ras has clocked a three-year Cagr of around 75 per cent and an annual run rate of approximately Rs 100 crore, all while maintaining strong gross margins. That growth has been fuelled by a digital-first approach, in-house R&D and manufacturing, and a sharp focus on clean, sustainable sourcing.
Dabur India executive director and group head corporate strategy Abhinav Dhall, said the company was drawn to Ras’s distinct positioning at the intersection of nature, science and luxury. He added that the premium beauty segment is poised for robust expansion over the coming decade, and that Ras is well placed to capture that opportunity.
For Ras, the partnership is as much about scale as it is about shared philosophy. Co-founder and CEO Shubhika Jain said Dabur’s 141-year legacy of building trusted, purpose-led brands makes it a natural ally. The capital infusion, she noted, will help accelerate the brand’s omnichannel footprint, deepen research capabilities and invest in team and brand building, with an eye on establishing Ras as a leading Indian luxury skincare name both domestically and overseas.
With this move, Dabur is not just investing in a skincare label. It is placing an early wager on India’s growing appetite for premium, conscious beauty, and signalling that heritage FMCG players are ready to play in the new-age D2C arena.
