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
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)
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
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
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
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
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
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
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
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