FOOD & AGRI

Rural India holds key to consumer sector's fortunes

February 01, 2017 | Debjyoti Roy

Although big-bang measures to shore up discretionary spending were conspicuous by absence in finance minister Arun Jaitley's budget speech, the consumer sector may just scrape by on the back of initiatives targeted at reviving rural incomes, as also the cut in personal income tax rate for people

Exclusive: Aditya Birla Private Equity exits Café Coffee Day parent

January 30, 2017 | Ranjani Raghavan

Aditya Birla Private Equity, which is on the road to raise its third fund, has exited its 2013 investment in retail coffee chain Coffee Day Enterprises Ltd (CDEL), two persons privy to the development told VCCircle.

Exclusive: Mandala Capital set to back food processing firm

January 25, 2017 | Debjyoti Roy

Singapore-based Mandala Capital is set to make its first investment in India this year by backing a food processing firm based in the eastern region, a person privy to the development told VCCircle.

Exclusive: Lactalis hunts for more dairy deals to expand India biz

January 25, 2017 | Debjyoti Roy

French giant Groupe Lactalis SA is actively scouting for more acquisition opportunities in India, a senior executive told VCCircle, as it strives to become the top private dairy player in the world’s largest milk producing nation.

Future Consumer inks JV with organic food maker Hain Celestial

January 20, 2017 | Debjyoti Roy

Retail pioneer Kishore Biyani-led Future Consumer Ltd said on Friday it has formed a joint venture with a local unit of US organic food company Hain Celestial Group Inc. to make food items in the health and wellness category.

Exclusive: CX Partners co-founder Ajay Relan invests in fresh produce startup

January 18, 2017 | Joseph Rai & Debjyoti Roy

Ajay Relan, co-founder and former managing partner of private equity firm CX Partners, has made an investment in a Delhi-based fresh produce startup, a top company executive told VCCircle.

Exclusive: Fruits and vegetable retailer Freshworld raises fresh funding

January 18, 2017 | Debjyoti Roy

Retailworx Pvt. Ltd, which owns and operates food and vegetable retailing startup Freshworld, has raised a fresh round of funding from a clutch of angel investors, according to people close to the development.

Exclusive: Healthy snacks brand The Green Snack raises angel round

January 18, 2017 | Debjyoti Roy

Control Alt Foods Pvt. Ltd, which markets healthy snacks under the brand The Green Snack Co, has raised its angel round of funding from two wealthy individuals, a top company executive told VCCircle.

Milk Mantra raises Series D round from Neev Fund, existing investors

January 17, 2017 | Debjyoti Roy

Odisha-based dairy startup Milk Mantra Dairy has raised its Series D round of funding led by Neev Fund, which is backed by the country's largest lender State Bank of India, it said in a statement.

Mahindra Group plans to offload stake in agri arm to PE firms

January 12, 2017 | Debjyoti Roy

Auto-to-software conglomerate Mahindra Group is planning to raise up to Rs 300 crore (around $44 million) by selling a minority stake in its subsidiary Mahindra Agri Solutions Ltd (MASL) to help scale up its agriculture business.

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