Future Consumer Enterprise Ltd, formerly Future Ventures India Limited, is engaged in the business of investing/financing. It is focused on developing, acquiring and partnering of businesses in the fashion apparel and accessories, fast moving consumer goods (FMCG) and food processing, rural distribution and edutainment. It has entered into new business segments, such as edutainment by making investment in new business venture Amar Chitra Katha Private Limited. During the fiscal year ended March 31, 2011 (fiscal 2011), it acquired additional shares in Indus-League Clothing Limited thereby increasing the interest from 66.2% to 85.7%. By acquiring additional interest in Biba Apparels Private Limited, it increased its interest in Biba to 17.31%. In May 2013, Future Ventures India Ltd acquired a 33.3% stake in KFC Shoemaker Pvt Ltd. In November 2013, the Company announced that it has acquired 100% interest of Future Agrovet Limited (FAL), from Future Retail Limited.