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Tuesday, October 15, 2024

Food & Beverage

India Sweet House, a known confectionery brand, has secured a large investment in its pre-Initial Public Offering (IPO) funding round. Viney Equity Market LLP led the investment, with IntelliFin Private Limited serving as advisors. Indian Sweet House...
Millet-based snack brand Troo Good has raised $9 million (INR 75 crore) in a new funding round led by Puro Wellness, with participation from existing investors Oaks Asset Management and V Ocean Investments. Expansion͏͏ Plans: The͏͏ Hyderabad-based͏͏ company͏͏...

Pluckk partners with Spencer’s Retail as Exclusive Fresh Produce Supplier

Pluckk, a unique digital fresh food brand for fruits and vegetables, has partnered with Spencer’s Retail. Spencer’s will now exclusively sell Pluckk's premium produce...

Zomato set to relaunch logistics service ‘Xtreme’ with revised strategy

Months after discontinuing its logistics service 'Xtreme' due to weak demand, foodtech giant Zomato is now reportedly set to overhaul the offering and launch...

Rebel Foods plans INR 200 Cr investment to expand EatSure and cloud kitchen network

Rebel Foods, the operator of cloud kitchens for brands like Faasos, Behrouz Biryani, and Oven Story, plans to invest INR 200 crore to expand...

Daryaganj Restaurants set to launch first International outlet in Bangkok by January 2025

Daryaganj Restaurants shared that they will open their first international restaurant in Bangkok, Thailand. Amit Bagga, co-founder and CEO, revealed about the company’s upcoming...

The Good Bug secures $3.5 Mn in Series A extension round led by Sharrp Ventures

The Good Bug, a Mumbai-based D2C startup, has raised $3.5 Mn (around INR 30 Cr) in its Series A extension round, with funding from...

Oven Story opens first flagship Store in Patna, catering to city’s craving for Pizza

Oven Story, by Rebel Foods, has opened its first flagship store at Saguna More, Bailey Road, Patna. This new store responds to the city's...

Licious eyes offline growth with acquisition of My Chicken and More for INR 200 Cr

Licious, the Temasek-backed meat and seafood startup, has finalised an agreement to acquire Bengaluru-based My Chicken and More, a company operating a chain of...

Good Drop Wine Cellars adds new Frizzano Sparkling Wine for special occasions

Good Drop Wine Cellars, a major stakeholder in India’s sparkling wine scene, has launched new products—Frizzano Sparkling Wine Brut and Brut Rosé from Nashik’s...

KFC strengthens ‘Kshamata’ programme, focuses on increasing representation of women and SHI employees

Fast food chain KFC is making strides to enhance its ‘Kshamata’ programme, which has focused on promoting diversity and inclusivity since 2008. In͏͏ recognition͏͏...

ProV Foods aims for 40% growth, targets bigger share of India’s organized dry fruit market

ProV Foods, a rising name in India’s dry fruit sector, is setting its sights on substantial growth as the country’s fragmented dry fruit market...

Dorje Teas raises INR 1.8 Cr in seed funding led by Coast Fund VC, others

Dorje Teas, a Darjeeling-based direct-to-consumer (D2C) startup, has secured INR 1.8 crore in its Seed funding round. The round was led by Coast Fund...

Swiggy’s co-founder Sriharsha Majety, investors cash out INR 670 Cr ahead of IPO

Just days before foodtech giant Swiggy submitted its updated draft red herring prospectus (DRHP) to SEBI, founder Sriharsha Majety and some investors offloaded shares...

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