Agro Tech Foods: “As India’s rapidly-growing consumer class expands and discretionary income levels continue to rise, we will expand ATFL’s distribution reach and product range, thereby transforming it into the country’s leading packaged and snack food platform,”said Harsha Raghavan, Managing Partner at Convergent Finance.
Food giant launches first regenerative agriculture programme in the UK to support farms growing mustard seeds and mint leaves for its iconic Colman's brand
Previously, there were concerns regarding government intervention, capital allocation, and agility within PSU firms. However, these perceptions seem to be getting cleared, paving the way for increased valuations and multiples.
Danone and Nestle plan to slow price increases in 2024, while Unilever expects price increases to ease. The industry cites rising input costs due to the pandemic and geopolitical factors. The focus shifts to marketing, innovation, and achieving a balanced mix of volume and pricing.
Abhishek Shetty: Shetty announced the appointment on his LinkedIn. He stated, "Excited by the opportunity to contribute to a dynamic and innovative company that is revolutionizing the way people experience convenience and accessibility in their daily lives. Instamart s dedication to delivering exceptional service and seamless experiences resonates deeply with my passion for forging meaningful connections with customers."