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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

Allied Industry
CropIn Technology & IACG to improve food security

CropIn Technology & IACG to improve food security

CropIn Technology and the International Agriculture Consulting Group (IACG) have signed a Memorandum of Understanding (MoU) with the aim to strengthen sustainable agriculture, ensure food safety and improve food security.   The collaboration intends to

Allied Industry
Parle to take a price hike decision

Parle to take a price hike decision

Parle Products is planning to increase the prices of its glucose, Marie and milk biscuits by 4-5 per cent in the first quarter of 2018.   The company had not increased the prices of these

Allied Industry
Ola to invest in food delivery biz

Ola to invest in food delivery biz

Ola is making another entry into the food delivery space by acquiring Foodpanda India from Germany based Delivery Hero Group. . The move will also see Ola invest another $200 million, as it takes on