It was a shop that we grew up with and one that saw us grow. As children in boarding school, items bought from Krishnaji's store were like living symbols from home.
A source with knowledge of the matter claimed Dabur might have already approached the two companies, without revealing further details.
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
The Zandu business grew rapidly, and we became debt-free within two years of the deal.
