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Allied Industry
OZiva raises $5M for deeper market penetration

OZiva raises $5M for deeper market penetration

Investment led by Matrix Partners IndiaMatrix Partners India announced that it has invested $5M in a Series A funding round in Mumbai based startup OZiva, a clean-label, plant-based nutrition brand. The round also saw participation

Allied Industry
Cargill partners with Indian firm for chocolate manufacturing

Cargill partners with Indian firm for chocolate manufacturing

The facility is expected to begin operating mid-2021Consumer demand for chocolate products continues to grow steadily in the Asia market. To help the food industry meet this growing demand, Cargill is partnering with a local

Allied Industry
A91 Partners picks up minor stake in spice maker

A91 Partners picks up minor stake in spice maker

Pushp receives Rs 125 crore investment Venture capital firm A91 Partners has invested Rs 125 crore in the company behind spice brands Pushp and Munimji, picking up a 25 percent stake in it. The Indore-based

Allied Industry
Praj, Lygos advance lactic acid yeast technology

Praj, Lygos advance lactic acid yeast technology

Lygos will provide its proprietary yeast platform to PrajPune based Praj Industries Ltd. and US based Lygos, Inc. have signed a Memorandum of Understanding (MOU) to co-develop Lygos’s proprietary yeast for the production of lactic

Allied Industry
Frozen Bottle, ITC launch chocolate based comfort foods

Frozen Bottle, ITC launch chocolate based comfort foods

The uplifting concoctions are made in-store, adhering to strict guidelines of hygiene and qualityDuring these trying times brought on by Covid-19, Sunfeast Dark Fantasy from ITC Ltd has launched a wide range of chocolate-based comfort

Allied Industry
Danone provides top-up funding to yogurt brand Epigamia

Danone provides top-up funding to yogurt brand Epigamia

The company has also recently ventured into the plant-based category with the launch of coconut milk yogurts Mumbai based Epigamia, the Greek yogurt brand has received an extension to the Series C funding provided last

Allied Industry
Adani Wilmar to launch branded sugar in North India

Adani Wilmar to launch branded sugar in North India

Fortune sugar is betting on consumer awareness and the increased demand for hygienic packaged sugarGujarat based Adani Wilmar, known for its cooking oils and foods under the Fortune brand, is set to launch its Fortune

Allied Industry
Quaker India provides over 1 lakh meals in New Delhi

Quaker India provides over 1 lakh meals in New Delhi

Quaker Oats vending machines to be installed in leading Government hospitals and medical institutions in the Capital to provide hot, ready-to-eat Quaker OatsQuaker Oats, one of India’s leading brands in the oats segment, from the house of

Allied Industry
Dabur’s growth up by 2% at Rs 8704 Cr

Dabur’s growth up by 2% at Rs 8704 Cr

The resultant lockdown significantly impacted the business in the month of March 2020Dabur India continued to surge forward on its growth track through the first two months of the fourth quarter of 2019-20, with quarterly

Allied Industry
WayCool Foods receives $5.5 M debt financing

WayCool Foods receives $5.5 M debt financing

Loan to support WayCool’s journey into a global food supply chain and logistics playerU.S. International Development Finance Corporation (DFC) has extended a 100% guarantee to WayCool Foods’ latest round of fund raise of U$5.5 Mn