GNT, the supplier of plant-based Exberry food colors, has achieved its first EcoVadis gold medal for its environmental and ethical efforts, placing it among the…
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Category: Corporate
Nestlé Announces $2.8B Cost-Cutting Plan, Spins Off Water Business
Nestlé, the global packaged goods giant, has unveiled plans to cut $2.8 billion in costs by 2027, redirecting the savings to bolster its core operations.…
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Ranveer Singh Acquires 50% Stake in Packaged Foods Start-up Elite Mindset
Actor Ranveer Singh has taken a significant leap into the health-focused packaged foods industry by acquiring a 50% stake in Elite Mindset, a venture backed…
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Danone Raises Bid for Kefir Maker Lifeway Foods to $307 Million
Dairy giant Danone has increased its offer to acquire the remaining shares of kefir producer Lifeway Foods, proposing $307 million, or $27 per share. The…
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Quick Commerce to Capture 21% of Kirana Sales by 2024, Market to Hit $40 Billion by 2030
India’s quick commerce sector is reshaping the retail landscape, with a market valuation projected to leap from $6.1 billion in 2024 to $40 billion by…
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Agro Tech Foods Acquires Del Monte Foods India in a Rs. 1,300 crore Deal
Samara Capital and Convergent Finance-backed Agro Tech Foods Limited (ATFL) announced the complete acquisition of Del Monte Foods Private Limited (DMFPL), a joint venture of…
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Blackstone Eyes: 20% Stake in Haldiram’s Snacks Business at $8 Billion Valuation
New Delhi: Blackstone is now negotiating to acquire a 20% stake in Haldiram’s snacks business, valuing the popular Indian brand at $8 billion, according to…
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10-Minute Food Rush: Quick Commerce’s Next Big Move in Delivery
Bengaluru-based start-up Swish has secured $2 million from Accel and other angel investors to expand its 10-minute food delivery operations. Founded by Aniket Shah, Ujjwal…
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Devyani International’s New Alliances Shake Up India’s Food Industry
Devyani International, India’s leading franchise operator for global brands like KFC and Pizza Hut, has recently captured headlines with bold expansions and strategic partnerships aimed…
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Truly Indian Expands to 172 Stop & Shop Locations across the Northeast
Truly Indian, the authentic Indian food brand from ADF Foods, has made its debut at 172 Stop & Shop locations across the Northeast. This launch…
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