FSSAI proposes ban on junk food advertisements in and around schools

INDIA – The Food Safety and Standards Authority of India has proposed a ban on junk food advertisements in and around school premises to protect school children from junk foods and unhealthy eating. This is […]

Tata Global reorganizing to become diversified consumer products firm

INDIA – Tata Global Beverages Limited (TGBL) is looking to restructure its business with a goal of becoming a complete diversified consumer product company. According to an ET Retail report, the beverages-focused group may be […]

India’s foodgrain production estimated at 283.3 million tons for 2018/19

INDIA – Total food grain production in India is estimated at a record 283.37 million tonnes for the year 2018-19, 17.62 million tonnes higher than the previous five years’ average production. According to 3rd advance […]

India’s food tech firm Waycool acquires Farm Taaza’s supply chain business

INDIA – Waycool Foods, Chemnai-based food distribution company has acquired the supply chain business of Bengaluru-based B2B fresh produce e-retailer Farm Taaza for an undisclosed amount. The transaction includes a transfer of Farm Taaza’s supply […]

Milkbasket raises US$10.5m in funding round led by Unilever

INDIA – India’s leading grocery and milk delivery service, Milkbasket has raised US$10.5 million additional funding in a round led by Unilever Ventures, a venture capital and private equity arm of Unilever, reports ET Retail. […]

Indian firm to set up pigeon pea processing plant in Tanzania

TANZANIA – Mahashree Agro Processing Ltd, an Indian firm is constructing a pigeon pea processing factory in Morogoro region to expand investments in the US$240 million (TSh537 billion) local pigeon pea industry. According to Engineer […]

India’s dairy firm Hatsun Agro Product unveils new yogurt and cheese range

INDIA – Hatsun Agro Products, India’s privately held dairy company has expanded its product portfolio with the launch of new yoghurt and cheese variants in the market. The company which makes ice creams, dairy whitener, […]

Ola restructures Foodpanda business to focus on expanding kitchens

INDIA – Ola, the Indian ride-hailing firm has announced that it is restructuring its food delivery platform Foodpanda to focus on building a portfolio of its own as well as curated food brands through a […]

India’s food delivery startup FreshToHome raises US$11m funding

INDIA – Bengaluru-based fresh fish and meat delivery startup FreshToHome has raised US$11 million (₹76 crore) led by Hong Kong-based CE Ventures to fund its expansion into more cities and strengthen supply chain. Others participating […]

NCLT approves Heinz India-Zydus Nutritions’ US$630m merger deal

INDIA – The National Company Law Tribunal (NCLT) has approved Zydus Wellness’ acquisition bid for Heinz India Pvt Ltd in a merger deal valued at about US$630 million (Rs 4,595 crore). Through its Zydus Nutritions […]