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Blackstone-led consortium eyes $8.5 Billion stake in Haldiram snacks, setting stage for India’s largest PE buyout yet
A consortium led by Blackstone, the world’s largest private equity fund, in collaboration with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, reportedly...
Marico eyes strategic acquisitions to boost business in South Asian markets
Marico Ltd, a leading player in fast-moving consumer goods (FMCG), is actively exploring acquisitions in South Asia to bolster its growth strategy in the...
Pluckk hits INR 100 Crore ARR milestone in FY24, set to triple growth in FY25
Through Pluckk, the Essar group has ventured into the food and beverage segment, rapidly establishing itself as a significant player in the category over...
BanyanTree Growth Capital expands footprint in F&B sector with strategic investment in Bizibean café chain
BanyanTree Growth Capital, a well-established private equity firm with a strong track record in the Food & Beverage sector, has made a strategic investment...
PepsiCo India trials healthier oil blend for Lay’s chips, aims to reduce palm oil usage
PepsiCo India has initiated trials aimed at substituting palm oil and palmolein with a combination of sunflower oil and palmolein in Lay's, the leading...
United Breweries’ Q4 FY24 net profit surges five-fold to INR 80.15 Cr
United Breweries Ltd, a renowned beer manufacturer, has reported a surge in net profit to INR 80.15 crore for the January-March quarter of 2023-24, marking a...
Bengaluru-based jewellery marketplace Eternz secures $1.15M pre-seed funding led by Kae Capital
Bengaluru-based jewellery marketplace Eternz has raised $1.15 million (around INR 9.6 crore) in a pre-seed funding round led by Kae Capital.Gemba Capital, IIMA Ventures,...
Marico sets sights on doubling foods portfolio by FY27
Marico Limited aims to double the size of its foods portfolio by FY27. Additionally, it anticipates that the domestic revenue share from both its...
Foodtech startup Poshn secures $4 Million in pre-series A round
Poshn, a pioneering food-tech startup dedicated to streamlining the fragmented food supply chain, has secured $4 million in equity and $2 million in debt...
India’s beverage market bubbling with natural ready-to-drink punch and mocktails as health and convenience take center stage
Driven by a trend towards healthier options and convenience, ready-to-drink punch and mocktail brands, boasting 'natural' ingredients ranging from fruits and roots to herbs...
Britannia ramps up distribution network, reaches 27.9 Lakh outlets in FY24
Britannia Industries, the bakery food company, has significantly expanded its distribution network, reaching approximately 27.9 lakh outlets directly and has added around 2000 rural...
Hindustan Coca-Cola Beverages eyes IPO amidst booming Indian beverage market
Hindustan Coca-Cola Beverages (HCCB), a bottling company owned by Coca-Cola India, is planning an initial public offering (IPO), banking on the promising growth opportunities...