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.

The Beer Café raises fresh funding from existing investor

January 11, 2017 | Debjyoti Roy

The Beer Café, an alco-beverage cum quick service restaurant (QSR) chain, has raised a fresh round of funding from one of its existing investors, regulatory filings show.

Nandan Nilekani nearly doubles stake in Cafe Coffee Day parent

January 10, 2017 | Ankit Doshi

Infosys co-founder Nandan Nilekani, who led the pre-initial public offering (IPO) investment round in Coffee Day Enterprises Ltd (CDEL) in March 2015, nearly doubled his stake in the firm in three months ended 31 December 2016, stock exchange data showed.

McDonald's sells most of China, Hong Kong business to CITIC, Carlyle for $2.1 bn

January 09, 2017 | Reuters

McDonald's Corp has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP for up to $2.1 billion, seeking to expand rapidly without using much of its own capital.

Everstone-backed OmniActive buys majority stake in fragrance maker Indfrag

January 09, 2017 | Debjyoti Roy

Mumbai-based nutraceuticals ingredients company OmniActive Health Technologies Ltd has acquired a majority stake in fragrance and specialty chemical manufacturer Indfrag Ltd.