M&As, Funding & Investments
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BigBasket eyes growth in brick and mortar, to open 200 Fresho stores by 2023
INDIA – Indian online grocery delivery service is eyeing growth in brick and mortar stores and plans to open 200 physical outlets across India by fiscal year 2023. …
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Guinness Nigeria beefs up spirits production with launch of new US$2.2m line
NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has commissioned a new Spirits production line at its Ogba brewery in Lagos. The new…
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T. Hasegawa USA plans new facility to drive growth in US flavour market
USA – Japanese flavour and fragrance company T. Hasegawa USA has unveiled plans to open a new production facility in Rancho Cucamonga, California to take…
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Helaina to disrupt infant nutrition market with new proteins that closely resemble those found in breastmilk
USA – US natural protein company Helaina is set to disrupt the infant nutrition market with its natural, immuno-identical proteins that are 99% identical to…
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Nigerian B2B marketplace Sabi secures US$6m to support its growth
NIGERIA – Sabi, a B2B marketplace serving the informal sector, has received US$6 million bridge round led by CRE Venture Capital to support its continued…