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Allied Industry
Teesta River enters premium tea segment

Teesta River enters premium tea segment

Bangalore based start-up Teesta River Tea has launched its array of tea products online. Teesta Beverages has positioned teas in each key segment. Teesta High Range Tips is a heady blend of super fine Darjeeling

Allied Industry
TGBL to sell 31.85% stake in Sri Lankan plantation

TGBL to sell 31.85% stake in Sri Lankan plantation

Tata Global Beverages Ltd (TGBL) is planning to sell its 31.85 per cent stake in Watawala plantations in Sri Lanka to Colombo-based Sunshine Holdings Plc.   TGBL will sell its stake in joint venture Estate

Allied Industry
MonkeyBox acquires food delivery startup

MonkeyBox acquires food delivery startup

MonkeyBox Food Tech Pvt. Ltd, which is backed by Blume Ventures, has acquired 75 In A Box in an all-stock deal.   Founded by Chetan Pal, Dinakar Raju, Jayesh Sada and Veeraraghavan Vasudevan in August

Allied Industry
B9 Beverages to raise $30 M from PE firms

B9 Beverages to raise $30 M from PE firms

Delhi based startup B9 beverages is close to raising $30 million (Rs 200 crore) from private equity funds. TPG Growth, Blackstone Group Lp and New York-based private investment firm Veronis Suhler Stevenson (VSS) are among

Allied Industry
Dabur to launch fruit based mocktail beverages

Dabur to launch fruit based mocktail beverages

Dabur India Ltd will soon be introducing ready-to-drink fruit-based mocktails, or non-alcoholic versions of popular cocktails, under its fruit juice brand Real.   Real mocktails will initially come in two variants: Virgin Mary and Pina

Allied Industry
Jyothy Labs foresees revenue growth in Ayurveda segment

Jyothy Labs foresees revenue growth in Ayurveda segment

Bengaluru based Jyothy Laboratories is planning to enter into three new categories and expand two existing categories in Ayurveda business. This consists of neem based body washes, face washes and hair tonics, which may soon

Allied Industry
Herbalife introduces second heart health care product

Herbalife introduces second heart health care product

Herbalife, a global nutrition company, is strengthening its heart care product offerings in India with the launch of Herbalife Niteworks to support cardiovascular health.   Herbalife Nutrition now offers two products in the heart health

Allied Industry
Varun Beverages to expand presence in India

Varun Beverages to expand presence in India

Varun Beverages (VBL) intends to acquire PepsiCo India’s previously franchised sub territory in the state of Jharkhand along with manufacturing units and franchise rights for Chhattisgarh. This acquisition would be subject to satisfactory completion of

Allied Industry
Vahdam Teas raises $1.4 M funding

Vahdam Teas raises $1.4 M funding

Vahdam Teas has closed a Series A funding round worth $1.4 million to grow its business. The funding was led by new backers Fireside Venture, Mumbai Angels, Singapore Angel Network and undisclosed existing investors. The

Allied Industry
ITC to accelerate dairy business

ITC to accelerate dairy business

Kolkata-based ITC Ltd is planning to launch a range of ready-to-drink milk-based beverages and frozen desserts from its new plant in Kapurthala, Punjab to accelerate its dairy business.   Spread over 30 hectares, the unit