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Elevate Foods secures $525K pre-seed funding from Wavemaker Impact to empower Indian farm-gate processors

Elevate Foods, a platform supporting small- and medium-sized farm-gate processors, has secured a pre-seed funding round of $525,000 led by Wavemaker Impact (WMi).Elevate Foods,...

HMSHost India to manage food and beverage outlets at Noida International Airport

The Noida International Airport has announced that it has awarded HMSHost India a contract to construct and manage restaurants, cafes, and other food establishments...

CIABC presses for unfettered advertising rights for liquor brand extensions amid regulatory scrutiny

The Confederation of Indian Alcoholic Beverage Companies (CIABC), a lobby representing the liquor industry, has communicated with the Ministry of Consumer Affairs. In their...

FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023

Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...

McDonald’s and Krispy Kreme join forces to bring doughnuts to all US outlets

McDonald's USA has entered a partnership to offer Krispy Kreme doughnuts at its fast-food outlets starting in the latter half of 2024.The partnership will...

Papa John’s UK to close 43 stores following business review

Papa John's, the pizza restaurant chain, has announced plans to shut down 43 of its underperforming locations in the UK by mid-May 2024 to...