INDIA – Foods & Inn, an Indian-based fruits processor and frozen snacks manufacturer has acquired Kusum Spices based in Mumbai for US$1.97 million (Rs 13.99 crore). Under the transaction, Foods & Inns will enter into […]
INDIA – Food and Beverage retailer, Lite Bite Foods plans to raise US$70.41 million (Rs500 crore) from investors as the company seeks to expand its presence in India and other international markets. Lite Bites, which […]
INDIA – American eCommerce and retail firm, Walmart is piloting block chain technology for end-to-end traceability of shrimp sourced in Andhra Pradesh, south-eastern India. Walmart says that the pilot project will help to track seafood […]
INDIA – World’s leading brewer AB InBev is partnering with Tata owned Indian Hotels Company (IHCL) to open 15 microbreweries over the next five years, located within IHCL hotels. The investment will be conceptualised by […]
INDIA – Food ordering and delivery platform, Zomato is in the process of raising US$600 million in a fresh funding round to fuel its food delivery and dining out operations. According to an ET Retail […]
INDIA – BigBasket, an Alibaba-backed online grocer in India has merged two core business, the on-demand 90-minute delivery and planned next-day orders as it seeks increase efficiencies in its business. The Bengaluru-based grocery said that […]
MALAWI – The Ministry of Industry, Trade and Tourism in Malawi is working on facilitating the absorption of pigeon peas through investments in value addition following the closure of the export market in India which […]
INDIA – Quick service restaurant operator Wow! Momo Foods has raised US$23 million (RS 163 crore) in series B funding led by New York-based private equity major Tiger Global to enable the operator scale up […]
INDIA – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired full ownership of India based Monachem Additives to support the company’s expansion plan in the market. Monachem Additives operates in India […]
INDIA – India has partnered with the World Bank in a US$417million (INR$30 billion) collaborative program that seeks to revolutionize the country’s food manufacturing sector. According to an Economic Times report, the programme will receive […]
