Indian food and grocery delivery startup Milkbasket raises US$5.5m in new funding round
INDIA – Milkbasket, an Indian food and grocery delivery startup has raised US$5.5 million in…
India
Cargill to open its first chocolate manufacturing operation in Asia
INDIA – American food and confectionery firm, Cargill is partnering with a local manufacturer in…
Indian dairy startup Milk Mantra secures US$10m from US development finance institution
INDIA –Milk Mantra, an Indian dairy startup based in Odisha, has secured US$10 million in…
Covid-19 pandemic to halt growth of India’s dairy industry
INDIA – Despite recording a 10% compound annual growth rate (CAGR) in the past decade,…
AB InBev forays into fashion to diversify revenue generation streams
INDIA – The world leading brewer, Anheuser Busch InBev (AB InBev) has ventured into the…
Coffee Day in talks with private equity funds for investment opportunities
INDIA – Indian cafe chain operator and subsidiary of the listed Coffee Day Enterprises, Coffee…
Indian consumer goods firm ITC to acquire spice maker Sunrise Foods
INDIA – ITC Limited, a diversified fast-moving consumer goods and agribusiness company in India has…
PepsiCo sells its stake in NourishCo Beverages to JV partner Tata Consumer
INDIA – Tata Consumer Products Limited, the non-alcoholic beverages subsidiary of Tata Group has agreed…
AAK joins forces with GFI to drive innovation in India’s plant-based foods category
INDIA – AAK, through its majority-owned Indian joint venture, AAK Kamani, has teamed up with…
PepsiCo-backed plastic recycling fund invests US$6m in two Asian firms
SINGAPORE – The Circulate Capital Ocean Fund (CCOF), an investment fund dedicated to the alleviating…