WORLD NEWS
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Meat and fish delivery company FreshToHome raises US$104m in funding round led by Amazon Smbhav Venture Fund
INDIA – Direct-to-consumer (D2C) meat and fish delivery brand FreshToHome, has received US$104 million backing from Amazon Smbhav Venture Fund and other investors from a…
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Sapphire Foods increases stakes in Maldives Pizza Hut and KFC restaurants operator, Wow! Momo appoints Mithun Appaiah as new CEO
INDIA – Sapphire Foods (SFIL), one of the largest franchisees of Yum! Brands Inc. in India is set to increase its stakes from 51% to…
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Bega Cheese closes Canberra dairy factory as half-year profits plunge 74% due to surge in milk farmgate prices
AUSTRALIA – Bega Cheese, an Australian cheese manufacturing company, has announced plans to close its plant in Griffith, Canberra city and move operations to another…
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Molson Coors posts 0.7% slump in Americas segment net sales, expects low single-digit rise in FY2023 net sales
USA – American beverage giant Molson Coors has reported its three years Revitalization Plan is bearing fruits in a view of strong results posted for…
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Precision Fermentation Alliance formed to spearhead development of a sustainable food system
USA – Global precision fermentation and food technology companies have come together to form the Precision Fermentation Alliance (PFA) which aims to promote the technology…