Shooter Abhinav Bindra, Franchise India invest in tea startup The Kettlery

October 26, 2016 | Dearton Thomas Hector

Ahmedabad-based specialty tea startup The Kettlery has raised seed funding from shooter and investor Abhinav Bindra’s fund Shooting Star Sports LLP and Franchise India Brands.

Innovation key for food firms to sustaining growth, say panellists at VCCircle summit

October 25, 2016 | Ranjani Raghavan

Innovation is a key ingredient for food packaging and services companies to scale their business and sustain growth, panellists at the VCCircle Food and Agri Investment Summit 2016 said on Tuesday.

Investors need to focus on technology for food and agri products, say panellists at VCCircle event

October 25, 2016 | Bruhadeeswaran R

In order to enhance investment outlay into agribusiness, companies in the segment need to leverage existing infrastructure such as roads and railways, said panellists at News Corp VCCircle Food & Agri Investment Summit 2016.

Motilal Oswal PE fund invests in branded staple food firm Ganesh Grains

October 25, 2016 | Joseph Rai

The funds managed by MOPE Investment Advisors Pvt. Ltd (MOPE), the PE arm of Motilal Oswal Financial Services Ltd, have invested Rs 100 crore ($15 million) in branded staple food manufacturer and marketer Ganesh Grains Ltd for a significant minority stake.

Investors eager to ink bigger deals in food space, say panellists at VCCircle summit

October 25, 2016 | Debjyoti Roy

The packaged food space in India is still at a nascent stage and will require at least five years before it can attract huge deals, said panellists at News Corp VCCircle Food & Agri Investment Summit 2016.

Motilal Oswal PE invests $16.4 mn in ice-cream retailer Dairy Classic

October 24, 2016 | Debjyoti Roy

Motilal Oswal Private Equity Investment Advisors has invested Rs 110 crore ($16.4 million) in Bengaluru-based Dairy Classic Ice Creams Pvt. Ltd, in what is the investment firm’s second bet in the dairy products category.

Hemant Malik to head ITC’s food business

October 24, 2016 | Debjyoti Roy

ITC Ltd, India’s most valued consumer products maker, has appointed Hemant Malik as the new chief executive for its packaged foods business.

Varun Beverages eyes $1.2 bn valuation in IPO

October 19, 2016 | Joseph Rai & Ranjani Raghavan

Ravi Jaipuria-controlled Varun Beverages Ltd is seeking a market valuation of up to Rs 8,000 crore ($1.2 billion) after fixing the price band for its initial public offering at Rs 440-445 a share.

Exclusive: iD Fresh Food nears Series B funding from stage-agnostic investor

October 19, 2016 | Debjyoti Roy & Swet Sarika

Ready-to-cook packaged food company iD Fresh Food (India) Pvt. Ltd is in the last leg of raising the Series B round of funding to drive its expansion plans in India and abroad, two people familiar with the development told VCCircle.



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