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BEST WISHES FROM -KH News Desk Bengaluru, India – Cookd, an innovative food startup, has successfully raised Pre-Series A funding, with the round led by Spring Marketing Capital.[24] This significant capital infusion is poised to accelerate Cookd’s strategic growth initiatives, focusing on deepening its market penetration in existing regions and venturing into new, high-potential territories across South India. The funds secured will be primarily channeled into three key areas: strengthening Cookd’s presence in its home state of Tamil Nadu, expanding into new markets such as Kerala and Andhra Pradesh, and significantly enhancing its product offerings. The expansion of product lines will…
BEST WISHES FROM -KH News Desk Mangalore, India – Hangyo Ice Creams Pvt. Ltd., a prominent and rapidly growing ice cream brand in South India, is embarking on a significant expansion of its production capacity to meet the soaring consumer demand across Karnataka, Kerala, and Goa.. This strategic move underscores the robust growth in India’s organized ice cream and value-added dairy products market, driven by evolving consumer preferences and increasing disposable incomes. Hangyo currently boasts an impressive production capacity of lakh litres per day and an annual turnover of ₹300 crores.. The company is leveraging its rich legacy of innovation, strong…
BEST WISHES FROM -KH News Desk New Delhi, India – Costa Coffee, one of the world’s leading coffeehouse chains, has reported an impressive performance in its India operations for the fiscal year 2025 (FY25), with sales surging by a remarkable 30.76% to reach ₹198 crore. This significant growth underscores the burgeoning cafe culture in India and the increasing consumer appetite for premium coffee experiences. The company also saw its profit increase by 28.4% during the same period, reflecting a robust operational efficiency despite market challenges. The strong financial results are complemented by Costa Coffee’s aggressive expansion strategy across the country. The…
-KH News Desk New Delhi, India – In a clear signal of intensified regulatory oversight, the Food Safety and Standards Authority of India (FSSAI) has issued a stern warning to Food Business Operators (FBOs) across the country: file accurate and truthful annual returns, or face severe penalties.. The food regulator emphasized that providing false or misleading information in these mandatory submissions could lead to significant legal repercussions under the stringent provisions of the Food Safety and Standards Act,.. This directive underscores the FSSAI’s unwavering commitment to ensuring transparency and data integrity throughout India’s vast and complex food ecosystem. The regulator highlighted…
BEST WISHES FROM -KH News Desk Bengaluru, India – Curefoods India, a prominent Bengaluru-based cloud kitchen operator, has taken a significant step towards its next phase of growth by filing preliminary papers with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The proposed IPO aims to raise a substantial ₹800 crore through a fresh issue of shares, alongside an offer-for-sale of 4.85 crore equity shares by existing investors, including notable names like Accel, Chiratae Ventures, Nordstar Partners, Iron Pillar, Alteria Capital, and Curefit Healthcare. This public offering represents a landmark event for the Indian…
-KH News Desk Mumbai, India – In a powerful display of industry-wide dissent, over bars and permit rooms across Maharashtra observed a complete shutdown on July, protesting what they termed “draconian taxation” imposed by the state government.. The bandh, or strike, was called by the Indian Hotel and Restaurant Association (AHAR), which represents a significant portion of the state’s hospitality sector. This unprecedented move highlights the severe strain faced by an industry grappling with escalating operational costs and what it perceives as unsustainable tax burdens. The core of the protest lies in a series of steep tax hikes implemented by the…
BEST WISHES FROM -KH News Desk Kathmandu, Nepal – Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) arm of India’s conglomerate Reliance Industries, has officially marked its entry into the Nepalese food and beverage market with the launch of its iconic soft drink brand, Campa Cola.. This strategic international expansion is facilitated through a significant partnership with Nepal’s largest and most diversified conglomerate, Chaudhary Group (CG), which will oversee the local manufacturing and distribution of the Campa product range across the country.. The launch in Nepal underscores RCPL’s long-term commitment to the region and its ambitious vision to…
BEST WISHES FROM -KH News Desk Mumbai, India – In a significant development for India’s burgeoning food and beverage sector, homegrown private equity firm ChrysCapital has agreed to acquire a substantial 90% stake in the popular pan-India bakery and patisserie chain, Theobroma Foods, for an estimated ₹2,410 crore. This landmark deal involves ChrysCapital purchasing shares from both the founding promoters and the existing investor, ICICI Venture, with the founding family retaining approximately a 10% stake in the company. The acquisition, while reportedly finalized at a valuation slightly lower than the initially sought ₹3,000 crore, is being widely seen as…
-KH News Desk New Delhi, India – The Food Safety and Standards Authority of India (FSSAI) has formally requested the Supreme Court for an additional three months to finalize its highly anticipated front-of-pack labelling (FOPL) regulations. This plea comes as the food regulator faced a July deadline to frame a stringent law aimed at providing consumers with clear, pictorial information about the nutritional content of packaged foods, particularly concerning ingredients linked to lifestyle diseases such as fats, salt, and sugar. The FOPL initiative is a critical component of India’s broader public health strategy, designed to empower consumers to make informed…