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
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
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
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
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
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
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
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
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
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