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Latest news
Agritech startup Greenikk shuts down operations, returns partial capital to investors
Agritech startup Greenikk stated on Monday that it is shutting down operations due to funding challenges and difficult market conditions.Greenikk͏͏ had͏͏ secured͏͏ approximately͏͏ $1͏͏...
WellBe Foods wins ‘Start-Up of the Year’ at Fi India Awards 2024
WellBe Foods, a direct-to-consumer brand within the Nimida Group known for its "Deliciously Good" food options with "No Nasties," has been honoured with the...
D2C furniture and mattress startup Wakefit reports 24% revenue growth to INR 1,017 Cr in FY24
Wakefit, the Bengaluru-based mattress and furniture manufacturer, reported a 24% year-on-year revenue increase, reaching INR 1,017 crore for the financial year ending March 31,...
Parag Milk Foods bets big on whey protein with INR 300 Cr investment, eyes 25% market share by FY28
Parag Milk Foods has expanded its whey protein range under the Avvatar brand, focusing on consumer product personalisation as part of its new marketing...
Authum Investment, Mahi Kela to acquire 46.85% stake in Prataap Snacks for INR 846.60 Cr
Authum Investment & Infrastructure, along with Mahi Madhusudan Kela, will acquire a 46.85% stake in Prataap Snacks, the Indore-based packaged foods company known for...
Candytoy Corporate partners with Reliance Retail to supply confectionery toys to 1,400 outlets
Candytoy Corporate, a prominent manufacturer of candy toys, has teamed up with Reliance Retail to supply confectionery toys to 1,400 of the retailer's stores,...
Lulu Group to establish food processing and logistics centres in Andhra Pradesh
UAE-based Lulu Group International plans to establish modern food processing and logistics centres in Andhra Pradesh, alongside hypermarkets and a shopping mall, according to...
Compass Group India to double business every three years, pursue acquisition opportunities in key sectors
Compass Group India, a subsidiary of British multinational Compass Group PLC, aims to double its business in India every three years, viewing the country...
Arjun Kapoor backed Foodcloud.in plans major expansion: Aiming to onboard 50,000 home chefs and reach new cities
As the food delivery industry in India continues to boom, Arjun Kapoor backed Foodcloud.in, a platform connecting home chefs to consumers, has ambitious plans...
Curefoods secures nearly $10 Mn from Binny and Jitender Kumar Bansal
Cloud kitchen startup Curefoods has secured an additional INR 80 crore (around $9.6 million) in debt financing from Binny Bansal and Jitender Kumar Bansal,...
Amul crosses INR 59,545 Cr sales turnover, marks 8% YoY growth
The Gujarat Co-operative Milk Marketing Federation (GCMMF), which markets the popular Amul brand, held its 50th Annual General Meeting on 28 September 2024. In͏͏...
Mondelez partners with Accenture and Publicis to revolutionise marketing with Generative AI
Mondelez International plans to collaborate with Accenture and Publicis to enhance its use of generative AI in marketing.New͏͏ Platform͏͏ for͏͏ Personalisation:The͏͏ US-based͏͏ snacks͏͏ giant͏͏...