Zomato acquires Uber’s food delivery business in India to accelerate growth

INDIA – Zomato, the food delivery company backed by Alibaba’s Ant Financial, has acquired Uber Eats India in an all-stock transaction which will give Uber a 9.99% stake in Zomato. The companies did not disclose […]

Mother Dairy forays into QSR segment with the launch of ‘Café Delights’

INDIA – Mother Dairy, India’s leading milk and milk products company, has ventured into Quick Service Restaurant (QSR) segment with the inauguration of its first eatery ‘Café Delights’ in the National Capital Region (NCR). The […]

Indian meat delivery startup Licious closes US$30m funding round

INDIA – Licious, an Indian online fresh meat and seafood brand has closed US$30 million Series E funding round led by Bengaluru-based investor Vertex Growth. Licious’ existing set of backers, which includes, 3one4 Capital, Bertelsman […]

United Breweries forays into craft beer segment with Kingfisher Ultra Witbier

INDIA – Bangalore-based United Breweries Limited has ventured into the alternate beer category with the launch of the Kingfisher Ultra Witbier – the first non-lager beer from the house of Kingfisher. Brewed with the authentic […]

Coca-Cola realigns its bottling operations in North India to improve efficiencies

INDIA – The Coca-Cola Company has announced an internal realignment of its bottling operations in North India, as the beverage giant moves to build a stronger and more sustainable local business. Under the new operation model, […]

Diageo’s United Spirits plans merger with its Indian subsidiary Pioneer Distilleries

INDIA – United Spirits Limited, the Indian unit of the global liquor company Diageo, has proposed a merger with its majority owned and listed subsidiary Poineer Distillers Limited, reports India Times. According to United Spirits, […]

Indian foodtech unicorn Zomato appoints Akriti Chopra as new CFO

INDIA – Zomato, an Indian online food delivery platform, has named Akriti Chopra as the company’s new chief financial officer (CFO). Chopra’s appointment follows the resignation of the Sameer Maheshwary in December last year, having […]

Constantia Flexibles opens new flexible packaging production facility in India

INDIA – Constantia Flexibles, the world’s third largest producer of flexible packaging has opened a new plant flexible packaging plant in India dedicated to only produce more sustainable and recyclable flexible packaging. The plant, which […]

Zomato eyes UberEats business in India to strengthen footprint ahead of major rivals

INDIA – Zomato is said to have entered negotiations with UberEats seeking to acquire its online food delivery business in India, in a deal valued at about US$500 million, reports The Times of India. While […]

Indian snack and confectionery brand Haldiram’s expands in the US with Amazon

USA – Haldiram’s, an Indian sweets and snacks manufacturer has partnered with Amazon’s Global Selling Program in a bid to help the company expand and increase its penetration into the US market. The deal with […]