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
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
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
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 &
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
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
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
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
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
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.