Investments & Funding
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Line Man Wongnai raises US$265m to strengthen food delivery business
THAILAND- Line Man Wongnai, a Thai food, and package delivery service, has raised US$265 million in the latest funding round thus becoming the newest startup…
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PepsiCo to Invest US$100m in Romanian snack factory
ROMANIA— PepsiCo is investing another US$100 million in automated systems at its Popești-Leordeni snacks factory in Romania – on top of the US$320 million over…
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GRDC to invest US$20M ramping up Australia’s research capacity
AUSTRALIA— The Grains Research and Development Corporation (GRDC) has announced it will invest US$20 million over the next three years into infrastructure that builds Australia’s…
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Private equity firm to acquire majority stake in Italian food chain Eataly
ITALY- Italian restaurant, food and retail group Eataly has signed an agreement with investment company Investindustrial, securing funds to continue the brand’s international growth. As…
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India plans to construct a new CBG plant in Haibowal Dairy Complex in Ludhiana to reduce dairy emissions
INDIA – A New compressed biogas plant with a capacity of 12,000 raw biogas (about 4.8-ton CBG) is to be set up at Haibowal Dairy…