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Allied Industry
Sales rise at Vikram Bakshi-run McDonalds

Sales rise at Vikram Bakshi-run McDonalds

After months of collapse because of a bitter legal battle, quick service restaurant chain McDonald’s India (MIPL)’s north & east business, operated by estranged managing director Vikram Bakshi-led Connaught Plaza Restaurants (CPRL), has reported a

Allied Industry
Japanese egg company to invest $275 million in Odisha

Japanese egg company to invest $275 million in Odisha

Odisha’s food processing sector has got a major lift with a Japanese investment. ISE Foods Inc, Japan’s leading egg producer, is in talks with state government officials to invest $275 million (approximately Rs 17 billion)

Allied Industry
ITC shifts beverages to Not From Concentrate Range

ITC shifts beverages to Not From Concentrate Range

ITC’s Foods Division announced that B Natural Juices & Beverages will shift its entire fruit beverage portfolio to `Not from Concentrate’ range. With this paradigm shift, the brand endeavors to offer its consumers, juices & beverages that are made

Allied Industry
Parag Milk acquires Danone’s dairy facility

Parag Milk acquires Danone’s dairy facility

Maharashtra based Parag Milk Foods Ltd will be acquiring French food giant Danone’s Indian manufacturing facility for Rs 30 crore ($4.6 million). Parag operates its manufacturing facilities in Pune and Andhra Pradesh.   According to

Allied Industry
Paragon Partners leads $20M investment for Chai Point

Paragon Partners leads $20M investment for Chai Point

Private equity firm Paragon Partners recently led a series C round of funding for the organised tea firm Chai Point. The series C round also saw participation from all its existing investors including Eight Roads

Allied Industry
KPMG associates with Campco choco biz

KPMG associates with Campco choco biz

The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd will engage consultancy firm KPMG to improve operation and marketing in its chocolate division.   The consultancy firm has been engaged for two years

Allied Industry
Marico to pick up stake in fitness startup

Marico to pick up stake in fitness startup

FMCG major Marico Ltd has agreed to acquire up to 22.5 per cent stake in the parent of fitness and holistic wellness platform Revofit.   Mumbai-based Revofit is incubated at Ant Farm, the startup accelerator

Allied Industry
Cultivate Quality Veggies with VeggieStar

Cultivate Quality Veggies with VeggieStar

In today’s time, most of the eatables are contaminated that can cause serious damage to our health. In answer to this problematic scenario, we can cultivate our own leafy greens and herbs, which will be

Allied Industry
Sleepy Owl Coffee raises funding from DSG Consumer Partners

Sleepy Owl Coffee raises funding from DSG Consumer Partners

Sleepy Owl Coffee Pvt Ltd, which owns and operates the Sleepy Owl brand of cold brew coffee, has raised $500,000 (Rs 3.26 crore) in a seed round led by Deepak Shahdadpuri-led venture capital firm DSG

Allied Industry
AgNext  gets finances from Omnivore

AgNext gets finances from Omnivore

Impact venture fund Omnivore has made its second investment in agri-food sensing solutions startup AgNext Technologies. Omnivore, which had announced making the first close of its Fund II at $46 million earlier this year, is