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Public transparency log

Ownership changes log

Every time we change a brand's Indian/foreign classification or its parent company, the change is published here with its source — timestamped and source-linked. No silent edits. If we change a brand's ownership status, you can see when and why.

Total changes (last 100)

15

Parent changes

0

Score updates

9

Classification flips

6

Read our methodology

Recent changes

Showing latest 100

15 of 15 changes
  1. Vodafone Idea (Vi)— Ownership score updated

    Before: {"ownership_score":24} → After: {"is_indian":true,"ownership_score":58,"indian_equity_percentage":65}

    Business Standard — Govt of India now holds 48.99% of Vodafone Idea (9 Apr 2025)
  2. Suzuki— Ownership score updated

    Before: {"ownership_score":52,"indian_equity_percentage":56} → After: {"is_indian":false,"ownership_score":23,"indian_equity_percentage":0,"strategic_control_country":"Japan"}

    Global Suzuki — Suzuki Motorcycle India is 100%-owned by Suzuki Motor Corporation (23 Apr 2026)
  3. Maruti Suzuki— Ownership score updated

    Before: {"ownership_score":52,"indian_equity_percentage":56} → After: {"is_indian":false,"ownership_score":48,"indian_equity_percentage":26,"strategic_control_country":"Japan"}

    BSE shareholding filing — Suzuki Motor Corporation 58.65% (June 2026 quarter)
  4. Swiggy— Indian/foreign classification flipped

    Before: {"is_indian":false,"parent_company_country":"Netherlands"} → After: {"is_indian":true,"parent_company":"Swiggy Limited","ownership_score":78,"parent_company_country":"India"}

    Business Standard — Swiggy lists on NSE and BSE (13 Nov 2024)
  5. WazirX— Ownership score updated

    Before: {"is_indian":false,"ownership_score":63} → After: {"is_indian":false,"ownership_score":42,"strategic_control_country":"mixed"}

    TechCrunch — Binance and WazirX disagree over ownership (6 Aug 2022)
  6. Beardo— Ownership score updated

    Before: {"indian_equity_percentage":38.1,"strategic_control_country":"United Kingdom"} → After: {"is_indian":true,"parent_company":"Marico Ltd","ownership_score":93,"indian_equity_percentage":100,"strategic_control_country":"India"}

    Marico Q1FY21 update — Beardo wholly owned from 30 Jun 2020
  7. Eastern Masala— Ownership score updated

    Before: {"brand_ip_country":"india"} → After: {"ownership_score":34,"brand_ip_country":"mixed"}

    Orkla — completed purchase of 67.82% of Eastern Condiments (31 Mar 2021)
  8. Myntra— Ownership score updated

    Before: {"brand_ip_country":"india"} → After: {"ownership_score":4,"brand_ip_country":"mixed"}

    Walmart — ~77% of Flipkart Group, which includes Myntra (9 May 2018)
  9. Shopclues— Indian/foreign classification flipped

    Before: {"is_indian":true,"parent_company":"Clues Network"} → After: {"is_indian":false,"parent_company":"Qoo10","ownership_score":4,"parent_company_country":"Singapore"}

    TechCrunch — Singapore’s Qoo10 acquires ShopClues (31 Oct 2019)
  10. Ezetap— Ownership score updated

    Before: {"is_indian":true,"ownership_score":0,"brand_ip_country":"canada","strategic_control_country":"Canada"} → After: {"is_indian":true,"parent_company":"Razorpay","ownership_score":100,"brand_ip_country":"india","strategic_control_country":"India"}

    Razorpay — acquisition of Ezetap (18 Aug 2022)
  11. All Out— Ownership score updated

    Before: {"is_indian":false,"ownership_score":93,"indian_equity_percentage":100,"strategic_control_country":"India"} → After: {"is_indian":false,"parent_company":"SC Johnson India","ownership_score":23,"indian_equity_percentage":0,"strategic_control_country":"United States"}

    SC Johnson fact sheet — Allout® among its major pest control brands
  12. Forest Essentials— Indian/foreign classification flipped

    Before: {"is_indian":false} → After: {"is_indian":true,"parent_company":"Forest Essentials","ownership_score":90,"parent_company_country":"India"}

    Estée Lauder Companies — 49% minority stake since 2020; agreed to buy the rest, pending (5 Mar 2026)
  13. Complan— Indian/foreign classification flipped

    Before: {"is_indian":false,"parent_company":"Heinz India"} → After: {"is_indian":true,"parent_company":"Zydus Wellness","ownership_score":100,"parent_company_country":"India"}

    Zydus Wellness — completes acquisition of Heinz India, incl. Complan (30 Jan 2019)
  14. Land Rover— Indian/foreign classification flipped

    Before: {"is_indian":false} → After: {"is_indian":true,"parent_company":"Tata Motors","ownership_score":57,"parent_company_country":"India","strategic_control_country":"India"}

    JLR newsroom — Tata Motors completes acquisition of Jaguar Land Rover (2 Jun 2008)
  15. Jaguar— Indian/foreign classification flipped

    Before: {"is_indian":false,"parent_company":"Independent","ownership_score":0,"strategic_control_country":"UK"} → After: {"is_indian":true,"parent_company":"Tata Motors","ownership_score":57,"parent_company_country":"India","strategic_control_country":"India"}

    JLR newsroom — Tata Motors completes acquisition of Jaguar Land Rover (2 Jun 2008)