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Allied Industry
Ravi Jaipuria eyeing PepsiCo’s bottling operations

Ravi Jaipuria eyeing PepsiCo’s bottling operations

Ravi Jaipuria, the promoter of RJ Corp, is keen to acquire PepsiCo’s bottling operations in India that his group doesn’t already own. PepsiCo contributes close to half of the group’s business now. RJ Corp owns

Allied Industry
Swiggy raises $100 M from Naspers

Swiggy raises $100 M from Naspers

Online food delivery platform Swiggy has raised $100 million (approx Rs 642 crore) in series F funding, led by global internet group and technology investor Naspers and China’s e-commerce platform Meituan- Dianping.   With this

Allied Industry
DRFL signs technology transfer agreement with Goodrich Cereals

DRFL signs technology transfer agreement with Goodrich Cereals

The Defence Food Research Laboratory (DFRL), Mysuru, has inked a technology transfer license agreement for the transfer of instant cooking rice and instant whole pulses and their curries with Goodrich Cereals, Karnal, Haryana.   Gopal

Allied Industry
Food Memories receives funds from 8 investors

Food Memories receives funds from 8 investors

Ahmedabad based startup ‘FoodMemories’, a marketplace for authentic geographically unique Indian foods, has secured seed investment from a consortium of 8 investors led by Delhivery co-founders Bhavesh Manglani & Suraj Saharan and Darshan Upadhyay &

Allied Industry
Capricorn Food files for IPO to raise $78 M

Capricorn Food files for IPO to raise $78 M

An export oriented food processing company, Capricorn Food Products India Ltd has filed the draft red herring prospectus (DRHP) for its initial public offering (IPO). The share sale will comprise a fresh issue worth Rs171

Allied Industry
Amway India enters kid’s oral care segment

Amway India enters kid’s oral care segment

Amway India has announced its entry into kid’s oral care segment with the launch of Glister Kids toothpaste. The launch has marked expansion of the flagship global oral care brand Glister in India which has

Allied Industry
India to target Chinese tea market

India to target Chinese tea market

India recently held a seminar in Shanghai to promote Indian tea, which was attended by prominent Chinese tea importers and tea-experts.   The objective of the event was to promote Indian tea in China and

Allied Industry
Mondelēz opens new R&D facility in Singapore; plans to open in India soon

Mondelēz opens new R&D facility in Singapore; plans to open in India soon

American multinational confectionery, food, and beverage company, Mondelēz International has opened a new research and development facility in Singapore, as part of a $65 million investment programme to enhance the company’s ability to create innovative

Allied Industry
Frutarom acquires ingredients company IBR for $21M

Frutarom acquires ingredients company IBR for $21M

Israel based flavours and ingredients company Frutarom has acquired 100 per cent of the shares of ingredients company Israeli Biotechnology Research (IBR) for $21 million. The deal follows on from a series of acquisitions that

Allied Industry
Coca-Cola plans global launch for Thums-up

Coca-Cola plans global launch for Thums-up

Coca-Cola is planning to take the home-grown carbonated cola brand Thums Up to South Asia possibly by March 2018, before launching it globally and is hoping India to emerge as its fifth largest market soon.