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Allied Industry
VLCC acquires nutraceutical maker Wellscience

VLCC acquires nutraceutical maker Wellscience

Beauty and wellness firm VLCC steps into new business by acquiring Wellscience, a Gurgaon-based nutraceutical products maker. Wellscience offers nutraceutical supplements and personal care products and has a direct selling network of over 35,000 associates.

Allied Industry
Nestle India registers Rs 263 crores profit in Q2

Nestle India registers Rs 263 crores profit in Q2

In the second quarter of 2017, Nestle India registered total sales worth Rs 2,469 crore, and its net profit after tax was Rs 263 crore. Its earnings per share (EPS) amounted to Rs 27.32.  

Allied Industry
Elanpro introduces new range of beverage dispensers

Elanpro introduces new range of beverage dispensers

Elanpro, India’s leading commercial refrigeration company, has launched GT Touch, a professional range of beverage dispensers with the aim of delivering frozen beverages with greater speed and versatility.   It is an innovative, multi-tasking machine

Allied Industry
Saraf Foods invests in manufacturing plant near Vadodara

Saraf Foods invests in manufacturing plant near Vadodara

Saraf Food Ltd, a Vadodara-based food processing company specializing in freeze drying, will invest Rs 60 crore in a manufacturing plant in Vaghodia, near Vadodara. The company aims to diversify into air drying, add capacities

Allied Industry
Mondelez and Amazon launch India’s first virtual store

Mondelez and Amazon launch India’s first virtual store

With the vision of being easily available, wherever consumers shop, Mondelez India, a part of Mondelēz International, a leading global snacking powerhouse, announced the strategic partnership with India’s largest online marketplace, Amazon.in, to set up

Allied Industry
Milky Mist gears up for expansion

Milky Mist gears up for expansion

Erode-based dairy products manufacturer Milky Mist is in the final round of discussions with consumer-focused private equity players for a Rs 300-crore fund-raiser that will predominantly help build a large factory, expand into western and

Allied Industry
Saraf Foods plans Rs 60 crore investment

Saraf Foods plans Rs 60 crore investment

Aiming to diversify into air drying, add capacities in freeze drying and strengthen backward integration by individual quick freeze (IQF), Saraf Foods Ltd, a Vadodara-based food processing company specialising in freeze drying, will invest Rs

Allied Industry
Herbalife Nutrition launches Active Fiber Complex

Herbalife Nutrition launches Active Fiber Complex

Herbalife Nutrition, a global nutrition company, has announced the launch of Active Fiber Complex in India. It is a combination of fibres from various fruits and vegetables which help support gastrointestinal health.  Changes in lifestyle,

Allied Industry
MonkeyBox raises fresh pre series A funding

MonkeyBox raises fresh pre series A funding

MonkeyBox Food Tech Pvt. Ltd, which delivers nutritious food to school children in Bangalore, has raised an undisclosed amount in its pre-Series A round from existing investor Blume Ventures. NB Ventures, Nspira, and some angel

Allied Industry
Yakult Danone plans India expansion

Yakult Danone plans India expansion

Yakult Danone India is planning to increase manufacturing capacity at its Sonepat facility to meet the rising demands for its probiotic drinks. The facility currently produces 200,000 65ml bottles of the probiotic drink daily, and