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SipMargs to ramp-up US presence with a $2 Million funding boost from Lab Capital Advisors
SipMargs, a U.S.-based company specializing in canned margaritas, secured $2 million in a funding round spearheaded by the venture capital firm Lab Capital Advisors.Established...
Sodexo secures extension of catering contracts worth £34 Million with UK and Ireland authorities
Sodexo has successfully extended catering contracts with various organizations, including government and police authorities in both the UK and Ireland.These contracts collectively hold a...
Italian food giant, Newlat, in ‘advanced talks’ to buy Princes from Mitsubishi Corp.
Newlat, the Italian food manufacturer, has disclosed that it is engaged in "highly advanced" discussions regarding the acquisition of Princes, the British food and...
Russia implements durum wheat export ban to enhance domestic food security
In a bid to bolster food security and stabilize the prices of durum wheat products domestically, Russia has implemented a ban on the export...
Amazon trials exclusive grocery service for Prime members in select cities
Amazon is currently conducting a trial for an additional grocery subscription service exclusively available to Prime members in three select cities.At a monthly cost...
Kent Corporation expands global reach with acquisition of Frosty Boy Global
Kent Corporation, a U.S.-based manufacturer specializing in food, beverage, and agriculture products, has announced the acquisition of Frosty Boy Global.Situated in Yatala, Australia, Frosty...
Cibotica unveils revolutionary AI-powered ingredient-dispensing solution for restaurants
Cibotica unveils revolutionary AI-powered ingredient-dispensing solution for restaurantsCibotica, a technology developer specializing in dispensing and portioning solutions based in Canada, has introduced innovative ingredient-dispensing...
Benestar Brands and Mexican snack giant Palmex merge to accelerate growth and product innovation
US-based private investment firm Highlander Partners has announced the merger of its Benestar Brands with Palmex, a Mexican snacks peer owned by Wind Point...
Wedding season drives demand for essential items, boosts consumption by 35%
Demand for essential items such as basmati rice, edible oils, and maida (refined wheat flour) has seen a notable year-on-year increase of up to...
Retail inflation in India hits three-month high at 5.55%, driven by food basket surge
Breaking its downward trajectory, retail inflation increased to a three-month peak of 5.55% in November due to strengthening food prices, particularly vegetables and cereals....
Abhishek Ganguly’s Agilitas Sports secures INR 100 Cr from Nexus Venture Partners
Agilitas Sports, established by Abhishek Ganguly, the former managing director of Puma India and South-East Asia, secured an investment of INR 100 crore from...
Soch brings ethnic fashion to new heights with its largest outlet in Bangalore
Soch has opened its 45th store in Bangalore, strategically positioned on Commercial Street. Spanning 2000 sq ft, this new store is poised to become...