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Allied Industry
DuPont develops natural monoglyceride emulsifier

DuPont develops natural monoglyceride emulsifier

DuPont Nutrition and Health has developed a new, naturally sourced monoglyceride emulsifier that brings food manufacturers improved production and handling efficiencies. Monoglycerides are among the most widely used emulsifiers in the food industry, but they

Allied Industry
Matrix Partners India invests in women health brand

Matrix Partners India invests in women health brand

Matrix Partners India has announced its investment in &ME, a Bengaluru based food and beverage brand, focused on women’s health & wellness.   &ME has launched a range of bioactive beverages for women. It combines

Allied Industry
Agro startup Our Food raises $200K

Agro startup Our Food raises $200K

Our Food Pvt Ltd, a Nasscom startup warehouse protégé, has raised a bridge round of funding of $200,000 led by US-based venture fund 3Lines Ventures.   While a chunk of the capital may go into

Allied Industry
Mrs Bectors Food Specialities to hit market with Rs 800 cr IPO

Mrs Bectors Food Specialities to hit market with Rs 800 cr IPO

Biscuit maker Mrs Bectors Food Specialities has filed draft papers with markets regulator Sebi to raise an estimated Rs 800 crore through an initial public offering.   The IPO will see sale of shares to

Allied Industry
CCI approves Adani Wilmar’s acquisition of Ruchi Soya

CCI approves Adani Wilmar’s acquisition of Ruchi Soya

Fair trade regulator Competition Commission has approved the acquisition of Ruchi Soya by Adani Wilmar.     Adani Wilmar had emerged as the highest bidder (H1) with an offer of about Rs 60 billion for

Allied Industry
IFFCO moves towards food processing

IFFCO moves towards food processing

The Indian fertiliser cooperative IFFCO has joined hands with Spanish firm Congelados De Navarra to set up a Rs 325 crore greenfield food processing unit in Ludhiana district in Punjab.   The $220 million Spanish

Allied Industry
Global Food Companies team up with IBM’s Blockchain System

Global Food Companies team up with IBM’s Blockchain System

A group of top global retailers and food companies have been working with IBM on testing blockchain technology to improve traceability in their supply chains. The companies include Nestlé, Unilever, and Walmart. Now CIO Journal

Allied Industry
Zomato strengthens presence in tier II cities

Zomato strengthens presence in tier II cities

Online food delivery platform Zomato has announced its expansion of operations to seven cities including Dehradun, Agra, Patna, Mysore, Ranchi, Raipur and Aurangabad, making its presence stronger in tier II cities. “We’re heads down focused

Allied Industry
Stratus Group Beverage Revolutionizes Kombucha

Stratus Group Beverage Revolutionizes Kombucha

If you’ve been around the beverage block or even just perused the drink section of your local health food store, you’ve probably come across the seemingly mysterious beverage called Kombucha. It might seem like a

Allied Industry
GlaxoSmithKline Consumer Healthcare Limited announces results for the first quarter

GlaxoSmithKline Consumer Healthcare Limited announces results for the first quarter

GlaxoSmithKline Consumer Healthcare Limited has declared its financial results for the first quarter ended June 30, 2018. The comparable* Revenue for the company recorded a growth of 16.4%. The quarter reported revenue of Rs. 1107