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Lotte Confectionery to invest $56.6 M in new ice cream factory in India

Lotte Confectionery to invest $56.6 M in new ice cream factory in India

New ice cream factory expected to generate around 1,000 jobs South Korean firm Lotte Confectionery is investing 70 billion won ($56.6 million) in its ice cream making affiliate in India, Havmor Ice Cream, over the

Food
ITC to acquire Sproutlife Foods over next 3-4 years

ITC to acquire Sproutlife Foods over next 3-4 years

47.5% stake will be acquired, in tranches, by March 31st 2025 ITC has announced that the company plans to acquire 100% of the share capital (on a fully diluted basis) of Sproutlife Foods, a Bengaluru-based

Food
Mumbai-based startup ProV Foods launches mini snack-pack of nuts

Mumbai-based startup ProV Foods launches mini snack-pack of nuts

Ideal for healthy on-the-go nutrition ProV foods, a brand owned by Mumbai-based startup Proventus Agrocom, has announced the launch of a new line of products called ProV Minis. Designed specifically for the Indian market, ProV

Food
Nestlé’s KitKat introduces recyclable paper packaging as pilot test

Nestlé’s KitKat introduces recyclable paper packaging as pilot test

Choosing right paper packaging solution with a high level of barrier properties Swiss multinational food and drink company Nestlé has announced that KitKat, one of the world's most popular confectionery products, is introducing recyclable paper

Food
Ghodawat Consumer buys Delhi-based snacks startup ‘To Be Honest’ 

Ghodawat Consumer buys Delhi-based snacks startup ‘To Be Honest’ 

To stay ahead in the competitive health snack market In a major move to expand its product line, Ghodawat Consumer Limited (GCL), the FMCG division of Sanjay Ghodawat Group (SGG), has acquired Delhi-based startup “To

Food
Food startup The Whole Truth secures $15 M in Series B funding round

Food startup The Whole Truth secures $15 M in Series B funding round

Continue to innovate and enter more categories Mumbai-based D2C food brand The Whole Truth (TWT) has secured about $15 million in Series B funding round led by Sequoia Capital India. Existing investors Matrix Partners India and

Food
Hamdard plans Rs 100-150 Cr investment in food park cluster at Haryana

Hamdard plans Rs 100-150 Cr investment in food park cluster at Haryana

Hamdard Foods to develop manufacturing facilities in the next 1 to 2 years The Hamdard Group has signed a definitive agreement with the Reliance Model Economic Township (MET) City to build the Hamdard Food Park

Food
Mama Mia launches first-ever gelato macarons in India

Mama Mia launches first-ever gelato macarons in India

Plans to expand to other cities and towns in West Bengal, and considering newer geographies for expansion Mama Mia, India's oldest gelato brand, is shaking things up in the dessert segment with the launch of their new

Food
WOW Life Science launches India’s first peanut butter infused with superfoods

WOW Life Science launches India’s first peanut butter infused with superfoods

Indian health and wellness market is growing with a number of innovative product releases Bengaluru-based startup WOW Life Science has launched its new peanut butter range, with a twist. For almost a year, WOW Life

Food
NIC offers two new ice-cream flavours

NIC offers two new ice-cream flavours

Gajar Halwa and Til Gud flavours have been launched NIC Honestly Crafted Ice Creams, owned by Walko Food Company, have announced the addition of two new, unique flavours to its already impressive basket of flavourful