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Allied Industry
Freshboxx raises angel funding

Freshboxx raises angel funding

Fresh produce supply chain management startup Freshboxx Ventures, based in Hubli, has raised an undisclosed amount in an angel round led by Ashok Iron Works joint managing director Jayant Humbarwadi.   Freshboxx Services Pvt. Ltd

Allied Industry
Ethel M Chocolates Brings Back Original 1932 Mars Bar

Ethel M Chocolates Brings Back Original 1932 Mars Bar

Ethel M Chocolates, a Nevada-based subsidiary of Mars, Inc., and maker of premium gourmet chocolates, has revived the beloved classic Mars Bar under its label. Manufactured in 1932 by Frank C. Mars, the Mars Bar

Allied Industry
Revenue growth doubles for Mondelez in India

Revenue growth doubles for Mondelez in India

THe revenue for Mondelez International in India has become double during the quarter through September. This is due to new launches and innovations that also boosted the company’s market share in the chocolate segment.  

Allied Industry
Alpha Plastomers offer new packaging materials

Alpha Plastomers offer new packaging materials

Gujrat-based Alpha Plastomers is offering new solutions to customers in the fast moving consumer goods (FMCG) sector and electronics sector. The company has expanded its product portfolio with the introduction of new flexible packaging materials

Allied Industry
Srinivasa Farms to raise funds for expansion

Srinivasa Farms to raise funds for expansion

Hyderabad-based Srinivasa Farms plans to raise $30 million in private equity to fund present and future expansion agenda. The firm is in talks with the firm to raise the money.   Suresh Chitturi, Vice-President and

Allied Industry
Coca-Cola business grows in Q2

Coca-Cola business grows in Q2

Beverages maker Coca-Cola saw its sales volume grow six per cent during the September quarter. The company has managed to grapple with demonetisation and rollout of goods and services tax (GST).   Although the global

Allied Industry
Sami-Sabinsa opens new facility for curcumin extraction

Sami-Sabinsa opens new facility for curcumin extraction

Sami Labs, manufacturer and marketer of products for the pharmaceutical and food industries and parent company of phytonutrient supplier and research firm Sabinsa, recently inaugurated its second continuous extraction plant, largely to satisfy demand for

Allied Industry
ThaiBev buys Myanmar’s largest distillery for US$742m

ThaiBev buys Myanmar’s largest distillery for US$742m

It now owns 75% of the company. ThaiBev bought a 75% stake in Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) for US$742m. According to RHB, the MSC and MDC operate two spirit production facilities

Allied Industry
Goodricke to acquire packaged tea business

Goodricke to acquire packaged tea business

Goodricke Group Ltd, based in Kolkata, is planning out acquisition of Godfrey Phillips India Ltd’s packaged tea business for Rs 20 crore ($3 million). The sale is in line with Godfrey’s decision to exit the

Allied Industry
PepsiCo launches new energy drink in India

PepsiCo launches new energy drink in India

The American food and beverages company PepsiCo Inc, has launched energy drink Sting, one of its global brands, across organized retail outlets in India. This is the second attempt by PepsiCo to crack the energy