Friday, November 8, 2024

Food & Beverage

CakeZone announces actress Palak Tiwari as new ambassador

Food & Beverage
CakeZone, a leading dessert brand from the House of Curefoods, has announced the appointment of popular actress Palak Tiwari as its official brand ambassador for the next year. CakeZone to foster brand value in Gen Z via...

ProV registers INR 4.86 Cr PAT, revenue surges 47% YoY in H1 FY25

Food & Beverage
Food brand Proventus Agrocom Limited (ProV) has reported strong growth in revenue and profit for the first half of fiscal year 2024-25. The company attributes this success to consistent product quality, effective marketing, and innovation. EBITDA rises...

Delhi consumes 3.9 Cr bottles of liquor worth INR 4.48 billion during Diwali

Food & Beverage
Diwali celebrations in Delhi have led to a huge increase in liquor sales. In the two weeks before Diwali, 3.9 crore liquor bottles were...

Curefoods Plans Expansion to 1000 Locations, Opens First International Store

Food & Beverage
Curefoods, the Bengaluru headquartered food and beverages service, which is one of the largest food tech companies in India, intends to grow to 1,000...

Lahori to raise INR 400 Cr, tripling Its valuation

Food & Beverage
Lahori, a Chandigarh-based beverage maker known for its local-flavoured carbonated non-alcoholic drinks, is in talks with several investors to secure INR 400 crore. This...

Bikaji shares surge 10% following 15% profit boost in Q2 FY25

Food & Beverage
Bikaji Foods International's share price jumped 9.82% to INR 918 per share on the Bombay Stock Exchange (BSE) in Friday's intraday trades after the...

Coca-Cola sees Q3 volume drop amid heavy monsoons in India

Food & Beverage
Coca-Cola reported on Wednesday that heavy monsoons in several states hurt its volume growth in India for the third quarter. The company, which shared...

PepsiCo, Coca-Cola plan cheaper soft drinks to counter Reliance’s Campa

Food & Beverage
PepsiCo and Coca-Cola are considering launching soft drinks 15-20% cheaper than their main brands to target regional markets and combat competition from Reliance Consumer...

Bikaji to acquire 53% stake in Lucknow’s Hazelnut Factory, enters QSR segment

Food & Beverage
Bikaji Foods International Limited, a major Indian ethnic snack brand, is entering the Quick Service Restaurant (QSR) sector. Its subsidiary, Bikaji Foods Retail Limited...

Licious covers losses by 44% YoY to INR 293.77 cr 

Food & Beverage
Licious, a Bengaluru-based meat delivery startup, revealed that its losses decreased by 44% to INR 293.77 crore in FY24 from INR 528.5 crore the...

Tata Starbucks opens second experiential coffee store in Colaba, Mumbai

Food & Beverage
TATA Starbucks has inaugurated its second experiential coffee store in India at Dhanraj Mahal in Colaba, Mumbai. This store honours Mumbai's architectural heritage and...

Temasek to acquire 25% stake in IPO-bound Rebel Foods

Food & Beverage
Temasek Holdings, a Singapore state investor, plans to buy a major stake in Rebel Foods through a mix of new equity and buying existing...

India Sweet House raises investment from Viney Equity Market LLP in pre-IPO round

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...

Millet-based snack brand Troo Good raises $9 Mn in funding led by Puro Wellness

Food & Beverage
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...
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