Nestle Japan, a subsidiary of the Switzerland-based food and drinks company, is planning to develop what it hopes will be a growth area of health services for aging societies. Kozo Takaoka, CEO of Nestle Japan
PepsiCo, Inc. has entered into a definitive agreement to acquire Bare Foods Co., a U.S.-based maker of baked fruit and vegetable snacks. The transaction will expand the company’s snacking portfolio and further deliver on its
Patanjali Ayurveda has raised its bid to acquire Ruchi Soya and had made the revised offer to the Committee of Creditors (CoC) for the debt ridden company. The latest bid is around 30 per
Nestlé has announced that it will combine its two research units in order to strengthen its R&D capabilities and accelerate product innovation. The Nestlé Research Center and the Nestlé Institute of Health Sciences will
DuPont Nutrition & Health (N&H) has received approval from the European Commission (EC) to divest its heritage DuPont N&H Alginates business to JRS Group, a leading manufacturer of functional additives from plant-based raw materials. The
Prabhat Dairy Ltd. has stepped into the dairy beverages segment in a bid to grow its consumer business from the current Rs 400 crore to Rs 1,000 crore in two years. Beverages such as
Gurugram-based micro delivery startup Milkbasket has raised $7 million in Series A funding led by Kalaari Capital with participation from the Singapore-based BeeNext. It plans to utilise the funds to bring efficiencies in its supply
Mumbai-based organic juice startup Raw Pressery has secured $9.55 million (Rs 65 Cr) in funding from its existing investors such as Sequoia Capital, Saama Capital and DSG Consumer Partners. With this funding, the startup plans to
DuPont Nutrition & Health welcomes U.S. clearance of CARE4U™ 2´-fucosyllactose (2’-FL), a human milk oligosaccharide (HMO) that can help narrow the nutritional gap between breast milk and formula. The positive response by U.S. Food and
Godrej Agrovet, part of Godrej group has said that it is keen to acquire oil palm business of Ruchi Soya Industries, which is facing insolvency proceedings, and has submitted its bid in this regard.