Chai Point will use its funding to broadening its operations, especially its beverage vending machine vertical BoxC.Singapore- Organised tea firm Chai Point has raised $20 million in latest funding round led by private equity firm Paragon Partners. The series C round also saw participation from all ...
The launch comes after the company announced it plans to make Thums Up a $1 billion brand by the end of 2020.Coca-Cola India has launched a no-sugar variant of its Thums Up Charged cola as it aims to offer Indian consumers more no- and low- sugar beverage options.
The launch comes after the company...
A pickup in the economy and growing demand from the planet’s largest youth population are boosting fast-food sales in India. Singapore – Even as McDonald’s tries to woo Indian stomachs with such menu items as the McAloo Tikki, a legal dispute with a key franchisee partner, Connaught ha...
While India is the leading market for retail volume sales globally, Turkey takes the lead when it comes to per capita consumption.According to a research by market intelligence agency Mintel, India was the world’s largest packaged tea market in 2017, consuming a total volume of 678,200 to...
The Union Budget 2017-18 is on expected lines and is focused on improving the quality of life in Rural India. “Bharat, or Rural India, has been the key focus of Finance Minister Mr. Arun Jaitley’s Union Budget for 2018-19. It presses all the right buttons and ticks all the right boxes wh...
Plans are also afoot to diversify its product basket by having value-added offerings like curd and yoghurt.Kolkata-based Keventer Agro Ltd, a group outfit of the Rs. 1,800-crore Keventer Group, looks to expand its dairy business by entering the north-eastern markets and strengthening its footprint i...
Lactobacilli is an ideal candidate for riboflavin-fortification of foods.Although found in various foods like eggs, green vegetables, milk and meat, there are numerous cases of riboflavin or vitamin B2 deficiency occurring on a regular basis. To help solve this, scientists have been looking for ways...
IKEA is preparing to open its first store in Hyderabad next spring with a shopping area spread over 400,000 sq ft. The world’s biggest furniture retailer IKEA is also a top restaurateur, and its characteristically Swedish menu helps sustain the stamina of shoppers at the giant DIY stores.
The ret...
At Everstone, he will oversee QSR investments of F&B Asia that owns and operates several marquee brands such as Burger King (India and Indonesia), and Domino’s (Indonesia). Food and beverage (F&B) industry veteran Ajay Kaul has joined Everstone Group as Senior Director to support growth in the...
The Coca-Cola Company, its bottling partners and its fruit suppliers and processors in India, will contribute $1.7 billion and more in the agri ecosystem of the country over the next 5 yearsThe Coca-Cola Company, its bottling partners and its fruit suppliers and processors in India, will contribute ...
Nair, a veteran with over 20 years’ experience in HR, joins Hindustan Coca-Cola from Cisco Systems, where she worked for over eight years. Hindustan Coca-Cola Beverages Pvt Ltd (HCCB), one of India’s largest fast-moving consumer goods (FMCG) companies, has appointed Seema Nair as executive d...
This programme, which has been designed to address both technology and entrepreneurship to enable successful ventures in the field of food processing, is open for aspiring and early-stage entrepreneurs. To encourage and promote start-ups in the food processing sector, CSIR-Central Food Technological...
The company currently sources 20 million litres of milk a day but will need to increase this by 13-14% in order to achieve the growth target.India’s Gujarat Co-operative Milk Marketing Federation (GCMMF) plans to invest the equivalent of almost $390 million over the next three years to expand ...
Online tea shop TeamonkGlobal has launched such new variants of green tea as Sozen Orange Tea, Yoshin Lemon Green Tea and Zoho Lemongrass Green Tea.Online tea shop TeamonkGlobal has launched such new variants of green tea as Sozen Orange Tea, Yoshin Lemon Green Tea and Zoho Lemongrass Green Tea.
&n...
The main focus is on creating synergy in the work environment by satiating the nutritional needs of employees with snack and beverage vending machines that are not just smart, but also super-healthy.Activ8me, a leading provider of innovative fitness products, has launched a full range of products, i...
