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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

Allied Industry
LT Foods raises fresh funding of Rs 140 Cr

LT Foods raises fresh funding of Rs 140 Cr

LT Foods Ltd, best known for its packaged rice brand Daawat, is raising Rs 140 crore in fresh funding from existing investor Rabo Equity Advisors for its wholly-owned unit Nature Big Foods Ltd.   Rabo

Allied Industry
Mother Dairy attains Rs 600 cr sales from cow milk division

Mother Dairy attains Rs 600 cr sales from cow milk division

Mother Dairy has now decided to add ’cow milk curd’ in its product portfolio. As it has generated healthy sales revenue from cow milk which is introduced in mid-2016.   The company achieved Rs 600

Allied Industry
TUV India Bagged ’Best Company Culture’ Award

TUV India Bagged ’Best Company Culture’ Award

TUV India Pvt. Ltd. part of TÜV NORD GROUP was awarded in ’Best Company Culture’ category at Employee Engagement & Experience Summit & Awards 2018.   The event was conceptualized and organized by ’Transformance Business