Acquisition · 6 November 2026Bonorizon Consumer VenturesDigital-first consumer brands
AcquisitionCommerce & Consumer Brands
Marico to buy 51% of Bonorizon
By Abha Lohia · Editor ·
51% stake
- Bonorizon Consumer Ventures is an Indian consumer company that Marico is backing to grow in international markets
- Marico signed agreements with its founders to take 51% by subscribing to new shares, for up to ₹35 crore
- Marico can buy the rest later if milestones are met, and the deal should close within 90 days
What happened
- Marico will take 51% through a fresh share issue.
- Total price is up to ₹35 crore.
- Closing is expected within 90 days.
- Marico holds an option on the remaining shares.
Why it matters
- It supports Marico's international growth plan.
- It strengthens its digital push abroad.
The business
- Bonorizon is a consumer ventures company run by its founders.
What happens next
- Deal closing within 90 days.
The numbers around it
Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $119 million in all; the biggest was GIVA ($100M+). Every sector this year →
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