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Allied Industry
Milkbasket raises $7 M in Series A funding

Milkbasket raises $7 M in Series A funding

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

Allied Industry
Raw Pressery raises $9.55M funding

Raw Pressery raises $9.55M funding

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

Allied Industry
DuPont to help narrow the gap in US infant nutrition

DuPont to help narrow the gap in US infant nutrition

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

Allied Industry
Godrej Agrovet to acquire oil palm biz of Ruchi Soya Industries

Godrej Agrovet to acquire oil palm biz of Ruchi Soya Industries

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.  

Allied Industry
Manpasand, Parle sign distribution deal for the West

Manpasand, Parle sign distribution deal for the West

Manpasand Beverages and Parle Products will be jointly distributing their respective brands in western markets, starting with Gujarat. As a part of this strategic tie-up, Manpasand has introduced a new brand for Mango Sip, “Mango Sip Gold,” which will

Allied Industry
NutriParadise to introduce DiaSavior for diabetics

NutriParadise to introduce DiaSavior for diabetics

Diabetes, though called a lifestyle disease, has a major impact on the way we lead our lives, particularly in terms of food. Most diabetic people have to come down to a basic diet, which is

Allied Industry
EarthFood raises seed funding of Rs 6.4Cr

EarthFood raises seed funding of Rs 6.4Cr

Pune based agritech startup EarthFood has raised its seed funding round of Rs 6.4 crores from Rairah Corporation. The startup plans to utilise the funds to strengthen its position in the market and invest in building differentiated

Allied Industry
Nestle India to enter into breakfast cereal market

Nestle India to enter into breakfast cereal market

FMCG major Nestle India will launch breakfast cereals in India this year in line with its vision to introduce products rooted in nutrition and health. Nestle Breakfast Cereals’ launch in India is set to intensify

Allied Industry
MTR Food fund backs children’s snack brand Timios

MTR Food fund backs children’s snack brand Timios

MTR Foods Pvt. Ltd. has made its first investment from its Rs 50 crore seed fund in early stage start-up FirmRoots Pvt. Ltd., mainly for the latter’s children-packaged food brand. Orkla Group, the parent company

Allied Industry
Yum CEO ; ’Snacking, delivery’ helped growth in India

Yum CEO ; ’Snacking, delivery’ helped growth in India

Restaurant chain Yum! Brands global chief executive Greg Creed said India, which delivered same-store double-digit system sales for its KFC and Pizza Hut brands in the January-March quarter, is supported by “snacking, weekend groups and