Swedish private equity firm EQT Partners, Emami and Balaji Wafers have joined the race to acquire DFM Foods, the maker of Crax snacks, joining ITC,…
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Category: Corporate
South Korean Food Major CJ Foods Enters India with Bibigo Bapsang
South Korean food major CJ Foods has entered the Indian restaurant market with its global Bibigo brand through an exclusive strategic partnership with Korean food-service…
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Mid-sized restaurant chains struggle to raise capital as investors tighten focus
India’s mid-sized organised restaurant chains and quick-service restaurants (QSRs) are facing growing difficulty in raising fresh capital as investors become more selective and place greater…
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Delhi HC puts FSSAI ‘energy drink’ label ban on hold for PepsiCo, Monster and Reliance
The Delhi High Court has granted relief to PepsiCo, Monster Beverage and Reliance Industries by putting on hold a Food Safety and Standards Authority of…
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PepsiCo Turns to Chefs and Food Science to Accelerate Snack Innovation
PepsiCo is strengthening the role of culinary expertise in product development as the global food and beverage company seeks to accelerate innovation and identify flavours…
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Cremica eyes acquisitions and global expansion
Indian condiment maker Cremica is preparing for an initial public offering (IPO) of ₹500 crore to ₹1,000 crore, as the company looks to raise capital…
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McCain Foods opens first Signature Café in India
Frozen food major McCain Foods has opened its first Signature Café in India at Max Mall, Sector 129, Noida, as the company expands its consumer-facing…
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PepsiCo, Monster move court against FSSAI over ‘energy drink’ label ban
PepsiCo India and Monster Beverage have approached the courts against the Food Safety and Standards Authority of India (FSSAI) over its directive restricting the use…
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Arovia Consumer Raises ₹100 Crore From Fireside Ventures To Scale Regional Food Brands
Arovia Consumer, a new platform founded by former Soulfull founder Prashant Parameswaran, has raised ₹100 crore from Fireside Ventures to invest in and scale promising…
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Vadilal Industries signs one-year supply deal with Vadilal Enterprises amid family dispute
Ice cream and frozen desserts maker Vadilal Industries Ltd (VIL) has signed a revised one-year supply agreement with group entity Vadilal Enterprises Ltd (VEL) for…
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