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Allied Industry
Tea kiosk chain Haazri raises Rs 1.25Cr

Tea kiosk chain Haazri raises Rs 1.25Cr

Chotta Haazri Foods Pvt. Ltd, which operates tea kiosks in Mumbai under the brand Haazri, has raised Rs 1.25 crore in a seed round of funding from early-stage investment firm Artha Venture Fund.   The

Allied Industry
iD Fresh Food to enter North India

iD Fresh Food to enter North India

iD Fresh Food is planning to enter the North Indian market, starting with Delhi and Kolkata, by early next year. Currently, besides Mumbai and Hyderabad, iD Fresh Food has production units in Bengaluru, Chennai, and

Allied Industry
Mondelez plans to re-align its focus to superior growth

Mondelez plans to re-align its focus to superior growth

Snack food giant Mondelez International on Friday affirmed its earnings targets for the year and provided new forecasts for 2019 as new CEO Dirk Van de Put outlined the snack giant’s long-term strategy at its annual investor

Allied Industry
LT Foods gets funds from Rabobank

LT Foods gets funds from Rabobank

The board of LT Foods has approved proposed investment by Rabobank’s India Agri Business Fund II. The company board approved the infusion of equity capital into Nature Bio Foods (NBFL), which is a wholly owned

Allied Industry
Starbucks brings Pumpkin Spice Latte in India

Starbucks brings Pumpkin Spice Latte in India

Starbucks Pumpkin Spice Latte (PSL) fans can rejoice now! The global fan-favourite beverage is now available in all Starbucks stores across India. Pumpkin Spice Latte (PSL) is an annual tradition for many, and today, it

Allied Industry
Chaayos secures $12M capital in series B round

Chaayos secures $12M capital in series B round

Tea café chain Chaayos, run by Delhi-based Sunshine Teahouse Pvt. Ltd, has raised $12 million in a Series B round of funding from venture capital and growth equity investment firm SAIF Partners, Hong Kong-based investment

Allied Industry
PepsiCo to initiate plastic waste management in Maharashtra

PepsiCo to initiate plastic waste management in Maharashtra

PepsiCo India is planning to install reverse vending machines to crush PET plastic bottles in all the 36 districts of the state over the next two years as part of its plastic waste management initiative.

Allied Industry
Fazer Mills develops new baking enzyme

Fazer Mills develops new baking enzyme

Finnish food company Fazer Mills has come out with a new baking enzyme which enables manufacturers to produce low-FODMAP versions of wheat and rye breads.   The new LOFO enzyme is derived from the fructanase

Allied Industry
Zomato buys TongueStun Food for $18M

Zomato buys TongueStun Food for $18M

Zomato has recently acquired a Bengaluru based startup TongueStun Food in a deal worth $18 million. TongueStun has over 1,000 curated food partners along with 1,500 companies on its platform in six cities including Bengaluru,

Allied Industry
ITC to introduce milk-based beverages

ITC to introduce milk-based beverages

ITC is planning to launch ready-to-drink, milk-based beverages that will compete with the likes of Coca-Cola, Amul and Britannia in October.   The new product range, Sunfeast Wonderz, will be launched first in the southern