FOOD & AGRI

Exclusive: Geist craft beer maker raises fresh funding

October 18, 2016 | Debjyoti Roy

Craft beer maker Beer Works Restaurants and Microbrewery Pvt. Ltd, which markets products under the brand Geist, has raised its second round of external funding from a clutch of high net-worth investors, a person privy to the development told VCCircle.

Analjit Singh-led firm buys 51% in restaurant chain Riga Foods

October 18, 2016 | Debjyoti Roy

Billionaire Analjit Singh-led Piveta Estates has acquired a 51% stake in Riga Foods, which operates a chain of Italian-cuisine restaurants in Delhi-NCR, for an undisclosed amount.

Barbeque Nation asks I-bankers to pitch for IPO mandate

October 18, 2016 | Ranjani Raghavan and Debjyoti Roy

CX Partners-backed restaurant chain operator Barbeque Nation Hospitality Ltd has invited merchant banks to make a pitch later this month for an initial public offering it is planning to float next year, three people familiar with the development told VCCircle.  

Zephyr Peacock to invest in potato seeds firm Utkal Tubers

October 18, 2016 | Debjyoti Roy

Private equity firm Zephyr Peacock India is investing an undisclosed amount in Bengaluru-based potato seeds firm Utkal Tubers India Pvt. Ltd, according to a report.

Exclusive: UK’s Compass renews acquisition bid in Indian catering space

October 17, 2016 | Debjyoti Roy

European catering giant Compass Group PLC is in an early stage of discussions to acquire a leading south Indian corporate catering firm, a person privy to the development told VCCircle.

Veeba Food raises Series B funding from Saama Capital, Verlinvest

October 14, 2016 | Joseph Rai

Specialty food ingredients maker Veeba Food Services Pvt. Ltd said on Friday it has raised $6 million (around Rs 40 crore) in its Series B funding round led by its existing investor Saama Capital and new investor Verlinvest, a private Belgian family investment company.

Exclusive: A sneak peek at Godrej’s dairy game plan

October 13, 2016 | Debjyoti Roy

The Indian dairy market, which once used to be dominated by the large-scale cooperatives or regional players, is now becoming the new hunting ground for corporate players such as ITC or Mahindra.

Adyar Ananda Bhavan revives plans for PE deal; hires banker

October 06, 2016 | Ranjani Raghavan

Adyar Ananda Bhavan Sweets and Snacks Pvt. Ltd, which runs a southern restaurant chain Adyar Ananda Bhavan has revived plans to bring a private equity investor on board and is now also looking to sell a controlling stake.

Kohinoor Foods and McCormick dispute heads for arbitration in London

October 05, 2016 | Maulik Vyas

Kohinoor Foods Ltd and American spices and cooking herb major McCormick & Co have decided to settle their dispute over their Indian joint venture through arbitration at the London Court of International Arbitration.

Patanjali Ayurved strikes maiden deal, acquires RH Agro's rice mill for $10.5 mn

October 04, 2016 | Ranjani Raghavan

Making its first inorganic expansion move, yoga guru Baba Ramdev-endorsed Patanjali Ayurved Ltd has acquired RH Agro Overseas Pvt.

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