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Allied Industry
Placio acquires Paco Meals and raises $50K

Placio acquires Paco Meals and raises $50K

Noida-based startup Placio has raised $50,000 in seed funding for its new venture in subscription-based food delivery system. The company acquired a subscription-based food startup Paco Meals. With this move, it will help Paco Meals

Allied Industry
Japan’s Toyo Aluminium acquires 33% stake in Svam Packaging

Japan’s Toyo Aluminium acquires 33% stake in Svam Packaging

Japanese firm Toyo Aluminium has acquired 33.4 per cent stake in the capital-based pharma packaging firm Svam for an undisclosed amount. As part of the joint venture agreement, Svam Packaging has now been christened as

Allied Industry
Patanjali not to back out from race to acquire Ruchi Soya: Acharya Balkrishna

Patanjali not to back out from race to acquire Ruchi Soya: Acharya Balkrishna

Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna has said. Adani Wilmar, which sells

Allied Industry
Starbucks to eradicate plastic straws by 2020

Starbucks to eradicate plastic straws by 2020

The Starbucks Company will eliminate single-use plastic straws from its more than 28,000 company operated and licensed stores by 2020.   The coffee chain announced that Plastic straws will be replaced with new recyclable strawless

Allied Industry
Organic India exploring to buy stake in NutriHealth

Organic India exploring to buy stake in NutriHealth

Organic food and supplements firm, Organic India is exploring a possibility to buy significant stake in nutritionist Shikha Sharma’s NutriHealth, which provides personalised nutrition management services.   Organic India will buy 20-40 per cent stake

Allied Industry
Parag Milk Foods to introduce immunity booster

Parag Milk Foods to introduce immunity booster

Parag Milk Foods Ltd. has announced a collaboration with ColoPlus AB, a Swedish research organization to launch its first 100 per cent natural immunity booster called GO Colo Power in India. This strategic collaboration enables

Allied Industry
Britannia to expand in Africa, Middle East

Britannia to expand in Africa, Middle East

Britannia Industries is planning to enter new geographies by expanding its business in neighbouring countries as well as Africa and Middle East. The firm intends to start operations at these locations by 2020.   The

Allied Industry
Som Distilleries acquires brewery unit in Odisha

Som Distilleries acquires brewery unit in Odisha

Som Distilleries & Breweries Odisha, a subsidiary company of Som Distilleries & Breweries has acquired a brewery unit in Odisha.   Som Distilleries & Breweries rose 1.76% to Rs 239.80 on BSE after the company’s

Allied Industry
BBK raises $1M in pre Series A round

BBK raises $1M in pre Series A round

Sky Gate Hospitality Pvt. Ltd, which runs food startup Biryani By Kilo (BBK), has raised $1 million in another pre-Series A round of funding from a clutch of investors led by Ajay Relan, co-founder and

Allied Industry
CCL to bring ready-to-drink coffee

CCL to bring ready-to-drink coffee

Hyderabad-based instant coffee major CCL Products (India) Ltd plans to introduce sachets that are set to redefine coffee consumption in the country and meet the challenge of its competing beverage tea head-on.   The company