Inside BENEO’s new pulse plant: pioneering sustainable protein from faba beans
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
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.
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
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
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
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
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
Biscuit maker Mrs Bectors Food Specialities has filed draft papers with markets regulator Sebi to raise an estimated Rs 800 crore through an initial public offering. The IPO will see sale of shares to
Fair trade regulator Competition Commission has approved the acquisition of Ruchi Soya by Adani Wilmar. Adani Wilmar had emerged as the highest bidder (H1) with an offer of about Rs 60 billion for
The Indian fertiliser cooperative IFFCO has joined hands with Spanish firm Congelados De Navarra to set up a Rs 325 crore greenfield food processing unit in Ludhiana district in Punjab. The $220 million Spanish