July 14, 2021
UNIBIC foods get a new chief executive officer – Naveen Pandey, who formerly heading India’s new foods’ business unit, where he led the start-up team to launch products such as Saffola Mealmaker and honey. Pandey also worked with PepsiCo earlier. It is expected that Naveen will contribute to develop strategic alliances and expand Unibic’s presence in India and in international markets.”
Unibic, which began its India business in collaboration with Unibic Australian 2004, became a 100% independent Indian entity in 2012, backed by investments from Peepul Capital. The cookie maker, which competes with Britannia and Parle, was beforehand headed by Srini Vudayagiri, partner at Peepul Capital.Leadership hiring has regained high momentum in the consumer goods space after a gap of over a year, led by private equity funded start-ups, traditional companies foraying in the direct-to-consumer spaces and digital and e-commerce platforms, with companies emerging from Covid-19 challenges and pushing growth across platforms