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SALTY FUNDING
Fashion and accessories brand Salty raises Rs 30 crore from MG Investments, othersSalty plans to deploy the capital to expand into new product categories such as watches, sunglasses, scarves, belts and bag charms. The fun...- US multinational General Mills craves stake in Balaji Wafers, tooThe Minneapolis-based owner of global brands such as Pillsbury and Betty Crocker has approached Balaji’s founders for a deal that could giv...
- Gym shakes, fad diets and missed water breaks: Behind the rise in kidney stones among young adultsKidney stones are now a growing concern among young adults. Doctors are raising alarms about ignored lifestyle factors. Dehydration, fast f...
- Apple trumps Samsung in India; ETtech Done DealsHefty prices and market buildup help widen Apple’s India revenue lead. This and more in today’s ETtech Top 5.
- Lighthouse invests Rs 284 crore in jewellery brand Kushal’sKushal's will use the funds to strengthen its brand and increase its retail footprint. The jewellery brand aims to open more than 300 store...
- D2C jewellery startup Salty raises Rs 5 crore in funding led by All in Capital, Anicut CapitalSalty said the the capital raised will be deployed in initiatives, including recruiting for critical positions, expanding channels, and str...
- Re-imagining rice, a crop that feeds the worldIn China, a study showed that extreme rainfall had reduced rice yields over the past 20 years. India limited rice exports out of concern fo...
- Diet snacks category remains niche; we're looking to be a total foods company: Deepak Agarwal, Bikaji Foods MDBikaji Foods, which got listed last fortnight with its stock listing 8% higher to its IPO price, is the third largest ethnic snacks company...
- TagZ Foods announces Consumer Stock Option Plan (CSOP) to raise fundsThe TagZ Foods CSOP has been launched on Tyke, a fintech platform that enables startups to transact and complete their fundraise digitally ...
- TagZ Foods raises funds from BharatPe's Ashneer Grover, othersTagZ Foods plans to use the funds to expand its product line, production capacity and strengthen its distribution to other cities.
- India's biggest FMCG companies are betting on online-only brandsLarge, traditional FMCG firms are setting up dedicated venture capital fund or investing directly in smaller startups that sell niche produ...
- How Indra Nooyi got PepsiCo’s customers to accept a heart-healthy alternative to potato chipsA year after stepping down, Nooyi recalls how customers were once aggravated by the healthier line.
- Advent to snack on Crax maker DFM Foods as promoters, Westbridge seek exitThe move is likely to trigger an open offer for another 26% of the share capital of the company.
- Slow-moving consumer goods, four quarters in a rowValue growth, or revenue earned, fell from 16.5% in July-September 2018 to 10% in the June quarter this year.
- Valued interaction with Nooyi: Nelson PeltzNooyi had opposed the move, arguing that PepsiCo could leverage retail clout with both businesses together.
- West Bengal govt likely to tie up with international firm to set up water treatment plantsInitiatives have been taken to ensure supply of safe drinking water in the remaining parts of the district. ADB is funding the project for ...
- Taste of India: Desi companies feast on snack marketAccording to market researcher Euromonitor, sweet and savoury snacks have grown by 26%, highest within packaged food segment between 2010 a...
- Food majors, PE funds look to snack on Balaji WafersBalaji Wafers plans to invest Rs 200 cr in next 2 years to expand to the south and north Indian markets by setting up local units.
- CavinKare in talks with PE firms Everstone Capital, Chrys-Capital to sell 10-12% stake in companyThe Chennai-based maker of Chik and Nyle shampoos has mandated JM Financial to negotiate the potential deal to sell 10-12% stake in the com...
- Tidal power set to make waves as govts push clean energyThree decades ago, engineer Peter Fraenkel created an underwater turbine to use river power to pump water in Sudan. Now, his modified desig...
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