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Allied Industry
Yumlane raises $4M from Singapore investor

Yumlane raises $4M from Singapore investor

Mumbai-based packaged food firm Yumlane has raised $4 million in a Series A round of funding led by Singapore-based RB Investments. Existing investors Orios Venture Partners and Flipkart co-founder Binny Bansal participated in the round

Allied Industry
Narain Karthikeyan’s agri-logistics firm raises $10 million from Neev fund

Narain Karthikeyan’s agri-logistics firm raises $10 million from Neev fund

Former F1 racer Narain Karthikeyan’s agrilogistics venture, Leap India food and logistics, has raised $10 million in equity funding from Neev Fund, a co-investment platform promoted by UK’s Department for International Development (DFID) and State

Allied Industry
In closed battle HUL leads over Tata Tea

In closed battle HUL leads over Tata Tea

In an interesting tussle for a higher share of the cuppa, Hindustan Unilever has regained value leadership in tea from Tata Global Beverages after eight long years. Tata Global, however, continues to lead the market

Allied Industry
ITC challenges PepsiCo and Dabur for “concentrate free” juices

ITC challenges PepsiCo and Dabur for “concentrate free” juices

The ITC group has challenged rivals PepsiCo and Dabur to make their juices “concentrate free” through prominently displayed hoardings across markets, even as one of its rivals called it a gimmick. “We’re inviting Tropicana and

Allied Industry
PepsiCo to reduce sodium content in snacks

PepsiCo to reduce sodium content in snacks

PepsiCo will be reducing the salt content in Kurkure, its flagship snacks brand, in line with its global nutrition objectives. The first low-salt Kurkure packs have been recently rolled out.   PepsiCo, which competes aggressively

Allied Industry
PureCircle expands sweeteners’ production

PureCircle expands sweeteners’ production

PureCircle has expanded the production of its zero-calorie Reb D and Reb M stevia sweeteners after developing two new production methods.   PureCircle claims that the Reb D and Reb M sweeteners have the most

Allied Industry
Pepsi launches new soft drink range in Japan

Pepsi launches new soft drink range in Japan

Suntory and Pepsi have announced that they will release a cola drink exclusively for the Japanese market called J-Cola.   Three flavours will be available as part of the new range, including a Regular cola

Allied Industry
Phytelligence inks deal with Mahyco Grow

Phytelligence inks deal with Mahyco Grow

Phytelligence, a fast-growing agricultural technology company revolutionizing the way of food crops are grown, announces a partnership with Mahyco Grow to provide Indian farmers with the most advanced technology available in horticulture. The plants produced

Allied Industry
Crystal Crop acquires Syngenta’s part of seed biz

Crystal Crop acquires Syngenta’s part of seed biz

Swiss-based agri-business firm Syngenta sold some part of its seed business in India to Crystal Crop Protection for an undisclosed amount. Syngenta’s decision to sell part of its seed business comes in the wake of

Allied Industry
US startup raises $8M for a recovery drink

US startup raises $8M for a recovery drink

82Labs, a US-based start-up that manufactures drinks to reduce morning-after hangovers, has raised $8 million in fresh funding from investors like Altos Ventures, Slow Ventures, Strong Ventures, and Thunder Road Capital.   Founded by Korean-American