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KoRo secures €75m in Series B funding round, with ABF among new investors
Associated British Foods (ABF) has made an investment in KoRo, a German food start-up, as the company's Series B funding round hits €75m ($82.2m).New...
EU implements ban on food products associated with deforestation
In a significant move, the EU has prohibited the sale of commodities associated with deforestation, which may have ramifications for meat manufacturers, as well...
Indian government to grant INR 1 Crore to states for setting up 100 food streets
The Union Health Ministry and the Ministry of Housing and Urban Affairs have come together to encourage all states and union territories in India...
Reliance ventures into the coffee industry with the opening of Pret A Manger’s first shop in Mumbai
Pret A Manger, the UK-based food and coffee chain that formed a partnership with Reliance Brands last year, is set to open its first...
Reliance’s expanding reach could pose a significant threat to D2C FMCG brands, says Kantar research
Reliance could be the bigger threat to direct-to-consumer (D2C) FMCG brands planning to sell their products through traditional trade, according to research firm Kantar....
TripGo Hospitality to expand its F&B presence with new investments and outlets in FY 2023-24
TripGo Hospitality, a prominent F&B retail player in Bengaluru, has announced its robust business expansion plans for FY 2023-24. The company is optimistic about...
India witnesses post-pandemic binge as alcohol imports surge by 54% in April-January period
India has witnessed a post-pandemic binge, reflected in a significant uptick in alcohol imports by 54% during FY23 (April-January). Furthermore, there has been a...
Coca-Cola’s Minute Maid and Simply brands enter fresh fruit market through Frutura partnership
The Coca-Cola Co. has entered into a new licensing agreement that will allow its Minute Maid and Simply brand names to be displayed on...
Wipro Consumer makes strategic move into spice and food market with acquisition of Brahmins, a Kerala-based Brand
Wipro Consumer Care and Lighting has announced its acquisition of Brahmins, a ready-to-cook and spice mix brand located in Kerala, for an undisclosed sum.Wipro's...
ICRA forecasts robust growth for QSR industry in India
According to ICRA's estimation, the leading five companies in the domestic quick-service restaurant (QSR) sector are expected to open around 2,300 new outlets between...
Indonesia’s Green Rebel Foods dives into South Korea’s alternative meat industry
Green Rebel Foods, a food tech startup based in Indonesia, has announced its entry into the plant-based protein food market in Korea. Bryan Toh,...
Israeli food tech startup granted first-ever permit to produce cow-free milk, revolutionizing dairy industry
As per the announcement of Prime Minister Benjamin Netanyahu on Wednesday, an Israeli food tech startup is all set to produce cow-free milk with...