Orkla Group, the parent company of MTR Foods, had set up the Rs 50 crore venture fund, christened MTR Seed Fund, last year to invest mainly in food tech-related startups in India over 2017 and 2018.
The F&B startup initiated by two young, energetic minds, Satvik Ahuja & Aayush Yadav, NutrioBox is aimed to capitalize the idea of serving Healthy, Fresh and Tasty food.
Yellow Tie Hospitality plans to open 55 outlets 25 for Health Juice and 15 each for Umraan and Wok This Way – across the three brands by the end of 2018.
Haldiram’s has started a travel firm called Travhos Experience and hired half a dozen tourism professionals to spearhead the travel services foray of the eight-decade-old company famous for its Indian snacks and restaurants.