IFC to lend to Indian agri-processing arm of StanChart PE-backed firm

February 25, 2017 | Debjyoti Roy

International Finance Corporation is planning to make a debt investment of $30 million (nearly Rs 200 crore) in ETC Agro Processing (India) Pvt Ltd.

Varun Beverages raises stake in Zambia unit

February 24, 2017 | Debjyoti Roy

Varun Beverages Ltd, the largest bottler for PepsiCo Inc in India, has increased its stake in its Zambia subsidiary to 90% to benefit from fast-paced growth in the African nation.

Britannia set to ink JV with Greek bakery firm Chipita

February 21, 2017 | Joseph Rai

Biscuit-maker Britannia Industries Ltd, which owns popular brands like Good Day and Tiger, on Tuesday said it was in advanced discussions with Greek cake and confectionery major Chipita to finalise a deal for a joint venture (JV).

Exclusive: Acumen-backed Sahayog Dairy hires banker for fresh fundraising

February 21, 2017 | Debjyoti Roy

Madhya Pradesh-based dairy firm Sahayog Dairy is planning to raise funding to build up its business and has hired an investment banker to help formalise the process, a person privy to the development told VCCircle.

Eveready may bring strategic partner for packet tea unit

February 20, 2017 | Debjyoti Roy

Eveready Industries India Ltd, the largest maker of dry cell batteries in India, said on Monday it may consider demerger of the packaged tea business into a wholly owned subsidiary or may look for a strategic partner.

Former Amul top honcho sets up protein supplement firm

February 20, 2017 | Debjyoti Roy

BM Vyas, the former managing director of India’s largest dairy company Amul, has launched his own venture, Nutrisattva, which will offer protein-based nutritional products.

Exclusive: Biryani By Kilo raises angel funding

February 17, 2017 | Arti Singh

Gurgaon-based food startup Biryani By Kilo has secured angel funding from a clutch of investors, the company's founder Kaushik Roy told VCCircle.

Exclusive: BCCL’s Springboard may back food & beverage firm

February 16, 2017 | Debjyoti Roy

Springboard Ventures, an investment arm of media house Times Group’s holding company Bennett Coleman & Co Ltd (BCCL), is looking to invest in a Delhi-based food and beverage firm, a person privy to the development told VCCircle.

Exclusive: SAIF Partners’ portfolio firm on the block

February 15, 2017 | Debjyoti Roy

Venture capital and growth stage investor SAIF Partners is looking to sell its entire stake in a Bengaluru-based quick service restaurant (QSR) chain, a person privy to the development told VCCircle.

Exclusive: Peepul Capital to sell majority stake in restaurant chain operator

February 15, 2017 | Debjyoti Roy

Private equity firm Peepul Capital is looking to sell its stake in a portfolio firm almost a decade after making the investment, two persons privy to the development told VCCircle.