Hindustan Unilever has inaugurated Unilever's third global fragrance hub at IIT Bombay, part of a €100M worldwide programme. The AI-enabled facility will drive premiumisation across shampoos, body washes, deodorants and detergents, anchoring India as a strategic R&D and growth market for the FMCG major.

Business Standard · Companies · 6/2/2026, 6:26:52 AM

Unilever's third global Fragrance House launches at IIT Bombay, anchoring a €100M AI-led fragrance chemistry programme. India-developed scents will feed HUL brands like Dove and global markets, with AI tools cited to cut development time by 50%.

ET Small Business · 6/2/2026, 5:35:35 AM

Hindustan Unilever inaugurated India's first Unilever Fragrance Hub at IIT Bombay, making India the third country globally with such a facility. Part of Unilever's €100M global fragrance investment, the hub will support HUL's premiumisation strategy across shampoos, body washes, deodorants, and detergents.

The Hindu BusinessLine · 6/2/2026, 4:22:43 AM

Hindustan Unilever has inaugurated the Unilever Fragrance Hub at IIT Bombay, the third global site under parent Unilever's €100 million fragrance R&D programme. The Mumbai centre will deploy AI and consumer insights to accelerate premiumisation across shampoos, body washes, deodorants and detergents.

ET Small Business · 6/2/2026, 4:00:25 AM

Bajaj Finserv has launched Finserv Intelligence, a five-year applied research and startup investment vehicle backed by ₹1,500-2,000 crore in partnership with IIT Bombay. Focus areas include AI, cybersecurity, quantum tech and reimagining physical retail experiences for next-generation stores.

The Hindu BusinessLine · 6/1/2026, 2:20:08 PM

Finserv Intelligence, the new investment arm, will back early-stage start-ups in AI, fintech, cybersecurity and consumer-tech. A parallel R&D tie-up with IIT Bombay includes reimagining the physical retail experience, signalling Bajaj's deeper push into consumer-facing tech.

Times of India · Business · 5/29/2026, 3:31:44 AM