Swiggy Announces Rs 1,000 Cr Investment in Scootsy for Expansion
Scootsy operates as a delivery platform offering supply chain services, distribution, and warehouse management.
Optimistic Capital Launches Rs 200 Cr Fund to Boost India's Microbrewery Sector
The Rs 200 crore fund represents a significant step for Optimistic Capital in advancing India’s microbrewery sector within the hospitality industry,…
Britannia earmarks Rs 400-500 cr for business expansion.
Talking to reporters on the sidelines of Britannia’s 99th annual general meeting here on Monday, Wadia said Britannia has been waiting to hear from…
Swiggy seeks investors attention to raise up to $500 mn Fund
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the…
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Kae Capital invests $1 mn in Boutique Spirit Brands
The company sold 50,000 cases across rum and brandy in FY18 and is looking to sell over 2 lakh cases by FY19.
Non-alcoholic beer maker Coolberg gets backing from India Quotient, IAN Fund
Mumbai-based Coolberg seeks to tap into the “sizeable” portion of the Indian population that does not consume alcohol, the statement said.
Timla Foods raises $2 mn from Anicut Capital.
The Chennai-based alternative asset management firm, counts beer brand Bira maker’s B9 Beverages among its prominent investments.
Food-tech startup Dishq raises pre-seed fund from Techstars' accelerator, others
The Syndicate Fund and angel investor Sven Hensen, founder and managing partner of business analytics firm mayato. Existing investors Zeroth, a…
Barbeque Nation secures Rs 90 cr from Rakesh Jhunjhunwala's fund
The Bengaluru-headquartered Barbeque-Nation, which pioneered ‘over the table barbeque’ concept in Indian restaurants, filed its Draft Red Herring…
Norwest Venture Partners, others Invest Rs 100 cr in Kishlay Foods
The financing is expected to fuel growth towards establishing a stronger brand platform and capturing an increased share of the organized snack…
Hospitality firm SAMHI Group secures $95 mn fund from Piramal Capital
Equity International, GTI Capital Group and International Finance Corporation had also invested in SAMHI Group.
Unibev eyes Rs 100 cr raise for expansion
Unibev’s offerings compete with the premium brands of French giant Pernod Ricard and British company Diageo, which now controls United Spirits.
Micro-hospitality startup SaffronStays secures $2 mn funding from Sixth Sense Ventures
SaffronStays claims to be cash flow positive at a unit level even as it clocks about Rs 5 crore in annual revenues.
Britannia invests Rs 200 crore in Assam Greenfield Unit
The company already has two manufacturing facilities in Assam with a production capacity of 30,000 tonnes annually.
Aavishkaar to invest Rs 35 crore in packaged foods brand 'Soulfull'
The Aavishkaar Bharat Fund is targeting early-to-mid stage investment opportunities in sectors such as healthcare, agriculture, clean technology, education and financial inclusion.
Amit Burman, SIDBI invests Rs 20 Crore in Zappfresh
This funding has laid the foundation to validate this category of business to have immense growth potential.
Amazon Plans To Sell Locally Made Food From March
Amazon won approval in July to invest $500 million in India over five years to sell third-party and its own private-label food articles
Chef Gautam Chaudhary Acquires Gurugram based health food startup, World in a Box
While details of the deals were not revealed, it is supposedly a cash plus equity deal.
?Coca-Cola to set up two greenfield plants in Ahmedabad and Nellore
HCCBL currently operates 26 bottling plants and covers about 65 per cent of bottling operations for Coca-Cola in the country.
?HCCBL to invest Rs 750 crore to set up plant in MP
HCCBL has announced the groundbreaking of its 110 acre plant, which would house multiple bottling lines for its carbonated beverages such as Coca-Cola, Sprite, Fanta, Thums Up and Limca, HCCBL said in a statement.
Funding slowdown for food-tech start-ups
In the past few years food-tech companies mushroomed rapidly, becoming a much sought-after ecommerce sector while relying heavily on burning through cash to attract customers in a market that quickly got crowded. The change in their fortunes is symptomati