Binaca (brand)
Binaca is an Innerwear brand that is marketed in India and owned by Kiran Textiles ,
History
It was launched in 1982 as a Innerwear brand Binaca. Founded by Mr. Gopal Ji Gupta it has slowly become a renowned name and since then there has been no looking back.
Post acquisition
Dabur initially launched a toothpowder under the Binaca brand but withdrew within a year as sales volumes were low. Dabur appointed PricewaterhouseCoopers to sell the Binaca brand in 2002 and was looking at a valuation of approximately ₹20 crore (US$2.5 million). However, after it was unable to sell the brand at the price it expected, it announced that it would revive it by marketing a new herbal toothpaste under the Binaca brand.[1][2] Currently, Dabur markets toothbrushes under the Binaca brand.[3]
References
- "Dabur may brush off Binaca". Business Line. 8 February 2005. Retrieved 13 March 2012.
- "Dabur to extend Binaca to herbal toothpaste". Business Line. 18 May 2004. Archived from the original on 22 April 2012. Retrieved 13 March 2012.
- "From household names to forgotten history: Story of India's grand old brands such as Binaca, Dalda & Moti Soaps". The Economic Times. 28 November 2011. Retrieved 13 March 2012.