Business Wire IndiaChennai based food-tech start-up WayCool Foods & Products Pvt. Ltd. has recently announced its acquisition of the physical distribution business of Aalgro Foods Pvt. Ltd. – a Bangalore based B2B company in fruit retail packing & distribution space. The acquisition is in line with WayCool’s aim to build a seamless national distribution channel, with deep sourcing and value-added capabilities into specific food product categories. Wit Read more...
Business Wire IndiaThe Board of Directors Board of Foods & Inns Limited at its Meeting held on March 11th, 2019 recommended Bonus Issue of Equity Shares in the ratio of 2 (Two) Equity Shares of Re.1/- each for every 1 (One) Equity Share of Re. 1/- each held by the shareholders of the Company as on the record date, subject to the approval of the shareholders. This bonus was approved by the board as the company had recently monetized its prime commerci Read more...
Business Wire IndiaChennai based food supply chain company WayCool Foods & Products Pvt. Ltd. has taken a significant equity stake in M/s Benani Foods Private Limited – a Chennai based manufacturer of ready-to-cook products and food ingredients.The company has acquired the stakes of angel investors including that of M/s TVS Electronics. TVS Electronics had invested in Freshey’s at an early stage and has built a strong product development and o Read more...
