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Allied Industry
Harley Davidson launches special beer for its 115th anniversary

Harley Davidson launches special beer for its 115th anniversary

Harley Davidson is celebrating their 115th anniversary in Milwaukee, home of the company’s headquarters from August 29th to September 2nd! But motorcycles aren’t the only thing that will be toasted! Harley Davidson is releasing a

Allied Industry
Ruchi Soya creditors approves Adani Wilmar’s bid

Ruchi Soya creditors approves Adani Wilmar’s bid

Adani Wilmar Ltd. won creditors’ approval to take over insolvent Ruchi Soya Ltd., India’s largest edible oil maker. Lenders of Ruchi Soya have approved the Rs 6,000 crore bid of Adani Wimar to acquire the

Allied Industry
Sattviko raises funds for international expansion

Sattviko raises funds for international expansion

Delhi-based healthy and pure food startup Sattviko has raised an undisclosed amount of strategic funding from marquee investors led by Ashish Gupta, an angel investor and founder of Helion Venture.   Other investors include Sunil

Allied Industry
Prataap Snacks acquires Avadh Snacks at Rs 148 crore

Prataap Snacks acquires Avadh Snacks at Rs 148 crore

Prataap Snacks Ltd, the Indore-based listed snack manufacturer, announced the acquisition of Avadh Snacks Pvt Ltd, a Gujarat based snack Foods Company for Rs 148 crore.   Prataap Snacks will be acquiring 80% in the

Allied Industry
GSK seeks bids by mid-Sept for its health nutrition biz

GSK seeks bids by mid-Sept for its health nutrition biz

GlaxoSmithKline (GSK) has requested bids by mid-September for its $4.3-billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks.  GSK has sent out an information memorandum with preliminary details about the business to potential suitors.

Allied Industry
Alteria Capital invests Rs 33.5 Cr in RAW Pressery

Alteria Capital invests Rs 33.5 Cr in RAW Pressery

Venture debt firm Alteria Capital has invested Rs 33.5 crore (around $5 million) in cold-pressed juices maker RAW Pressery, its fourth bet from its maiden fund.   The transaction includes equity as well. Of the

Allied Industry
PepsiCo secures $3.2 B deal with SodaStream

PepsiCo secures $3.2 B deal with SodaStream

PepsiCo has bought Israeli carbonated water machine maker SodaStream in a deal worth $3.2 billion. The SodaStream deal continues with CEO Indra Nooyi’s strategy of focussing on healthier products as consumers move away from sugary

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