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Allied Industry
GSK to strategically review Horlicks

GSK to strategically review Horlicks

GlaxoSmithKline plc (GSK) has reached an agreement with Novartis for the buyout of Novartis’ 36.5 per cent stake in their Consumer Healthcare Joint Venture for $13 billion.   GSK is initiating a strategic review of

Allied Industry
Ajinomoto to focus on MSG safety in India

Ajinomoto to focus on MSG safety in India

Ajinomoto Co. Inc. is planning to tap social and digital media to create awareness about safe consumption of its popular monosodium glutamate (MSG) seasoning product aji-no-moto in India.   Through the social media, the company

Allied Industry
Arjuna Launches Highly Potent Ashwagandha

Arjuna Launches Highly Potent Ashwagandha

Arjuna Natural Ltd. launches Shoden, its high-potency, all-natural ashwagandha extract, at Vitafoods, Geneva. This plant has been extensively used in India for centuries to reduce symptoms of anxiety and stress. Arjuna has invested in several

Allied Industry
Aavishkaar funded Agro packaged foods startup ’Soulfull’

Aavishkaar funded Agro packaged foods startup ’Soulfull’

India’s leading impact investor Aavishkaar, part of the Aavishkaar-Intellecap Group, invested Rs 35 crore into packaged foods startup Kottaram Agro Foods that markets products under the brand ‘Soulfull’. Founded in 2011, Kottaram Agro Foods works

Allied Industry
Tea startup ventures into coffee segment

Tea startup ventures into coffee segment

The Good Life Company (TGL Co.), a luxury tea startup, is planning to venture into the coffee segment due to the evolving consumer preference.   The 15 month old Indian startup has expanded rapidly in

Allied Industry
Starbucks beverages likely to expand in Indian food segment

Starbucks beverages likely to expand in Indian food segment

India has become the largest market in Asia in terms of food sales for Starbucks, the world’s biggest coffee retailer, its chief executive officer said. Tata Starbucks, the 50:50 joint venture between Starbucks Coffee Company

Allied Industry
Cargill initiates work on new sweetener

Cargill initiates work on new sweetener

Cargill has started the production of a new sweetener called EverSweet, a zero-calorie sweetener made from two compounds found within the stevia leaf.   EverSweet is targeted at soft drinks producers who want to create

Allied Industry
Milkbasket expects Rs 200 Cr profit by March 2019

Milkbasket expects Rs 200 Cr profit by March 2019

Unilever Ventures-backed grocery delivery platform Milkbasket aims to touch a revenue run rate of Rs 200 crore by the next fiscal. The company, which was founded in 2015 and currently operates in Gurugram, competes with

Allied Industry
Chaayos expanding with 300 outlets

Chaayos expanding with 300 outlets

The company has developed a customised Internet of Things-based tea-making machine, ’Chai Monk’ Chaayos, the tea-centred cafe chain, is expanding by opening around 300 outlets in the next five years. It is planning to launch

Allied Industry
NutriParadise brings health and strength with  ProPotion

NutriParadise brings health and strength with ProPotion

None of us likes to spend time in hospitals, what if there was a quicker way to heal and get back to our daily routines. NutriParadise a nutraceutical start up out of Bengaluru has got