Rebel Foods raises US$125m in funding to support expansion

INDIA – Rebel Foods, which owns and operates multi-brand cloud kitchen platforms, has raised US$125 million (Rs 864 crore) in its Serieds D funding round led by New York-based technology-focused hedge fund Coatue Management. The […]

PepsiCo plans US$74.4m investment in new snacks manufacturing facility in India

INDIA – PepsiCo India has unveiled plans of investing US$74.4 million (INR 5.14 billion) over the next three years to construct a new snacks manufacturing plant in Uttar Pradesh, India. The producer of Lay’s, Cheetos, […]

Barry Callebaut breaks ground on new chocolate factory in India

INDIA – Barry Callebaut has started construction of a new greenfield chocolate factory in Baramati, India, expanding its chocolate and cocoa products offerings in the market. The 20,000 m2 facility, said to be the company’s […]

Dabur India appoints Amit Burman as director and chairman

INDIA – India’s leading medicinal and consumer products manufacturer, Dabur has appointed Amit Burman as the company’s new director and chairman. The appointment which is part of the family succession was approved during the company’s […]

Mars Edge launches GoMo Dal Crunchies snacks in India

INDIA – Mars Edge, the investment arm of Mars Incorporated focused on health and nutrition has launched a new snack range GoMo™ Dal Crunchies in India. The new product aims to promote health and nutrition […]

ITC establishes marketing center to enhance consumer digital engagements

INDIA – India’s fast-moving consumer goods company, ITC Limited has unveiled a new marketing command centre as part of the new marketing initiative to drive consumer engagement on digital platforms. The centre will work to […]

Walmart to expand fresh food business with more stores in India

INDIA – Walmart India plans to open collection and distribution centers in North India and revamp its supply chain with an aim to bolster its global fresh food business. The US-based retail giant is turning […]

InterGlobe group in talks to acquire Burger King’s India franchise

INDIA – InterGlobe group, an India-based diversified conglomerate is in advanced talks to acquire Burger King India franchise from private equity firm Everstone Capital in a transaction valued at US$204 million (Rs 1,400 crore). According […]