Nothing is impossible
From a humble sweet shop in Bikaner to a worldwide renowned chain, here's how Haldiram's transformed into a $10 billion food giant! 🚀
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Nothing is impossible
From a humble sweet shop in Bikaner to a worldwide renowned chain, here's how Haldiram's transformed into a $10 billion food giant! 🚀
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Story of a homegrown brand Veeba who Defeated Maggi, Kissan & Heinz! Founded just a decade ago, Veeba Foods is now a ₹5,000 brand built by Viraj Bahl, built on the legacy of his father, Rajeev Bahl, founder of Fun Foods. With prior knowledge of the market, Viraj started by targeting the B2B strategy, which was something new to the industry stereotypes. Veeba focused on the Quick Service Restaurant (QSR) sector, securing major clients like Domino's, Starbucks, Burger King, and KFC. While many were shifting online, Veeba concentrated on the offline market, which fostered greater trust and, naturally, more sales in the Indian market. Thry are now available in around 2 lakh stores in the country! Their innovative product strategy, broad vision, and efficient packaging propelled Veeba to the top of India's sauce industry. As an entrepreneur myself, I know it takes years of patience, innovation, failures, hits, and misses to perfect a recipe and I believe Veeba surely cracked the right one! Do read their story in detail about how they cracked on of the most competitive market in the country! Nestlé #brand #growth #maggi
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Great news from the Netherlands! 🇳🇱🌱 Following a campaign from Wakker Dier, 11 major supermarkets in the Netherlands have committed to increasing their plant-based meat offerings over the next five years to sell 60% plant-based protein by 2030! Retailers making the pledge include Lidl Nederland, ALDI Nederland, Albert Heijn, Ekoplaza, and Jumbo Supermarkten. 🛒 Around 40% of proteins sold in Dutch supermarkets are currently plant-based, but these 11 major supermarkets are now aiming to increase this to 50% by 2025 and 60% by 2030. This is a huge step in the right direction for a healthy, sustainable protein transition! 🫛 Which supermarkets in other countries should make the pledge too? Let us know ⬇️ #ProVeg #RetailNews #PlantBasedFoods
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Executive in the Produce & Supply Chain Industry | Business Leader | Produce Advocate | Marketing & Creative Strategy | Father | The Produce Boss
🌟 Exciting News in the Produce Industry! 🌟 Recently, Butterfly announced the separation of Bolthouse Farms into two standalone entities: Bolthouse Fresh Foods and Generous Brands. Bolthouse Fresh Foods will continue the century-old legacy of supplying fresh carrots, while Generous Brands will consolidate premium fresh beverage and salad dressing businesses. Key Highlights from the News Article (Credit: Produce Blue Book): Butterfly acquired Bolthouse Farms in 2019, implementing strategic initiatives that drove topline growth and re-established the company as a partner of choice. Bolthouse Farms acquired Evolution Fresh from Starbucks in August 2022, uniting two powerhouse beverage brands. Separate debt recapitalizations will facilitate the separation, enabling accelerated growth for both entities. Adam Waglay, Co-Founder and Co-CEO of Butterfly, expressed excitement about the separation, aligning with the investment thesis. Timothy Escamilla and Steve Cornell were appointed CEOs of Bolthouse Fresh Foods and Generous Brands respectively, bringing decades of industry experience. Timothy Escamilla emphasized Bolthouse Fresh Foods' dedication to delivering high-quality, nutrient-dense products. Steve Cornell highlighted Generous Brands' focus on innovation and consumer-centricity, with plans for new investments and acquisitions. Jeff Dunn, Executive Chairman of both companies, praised the teams' creativity and collaboration during the transition, expressing pride in the robust cultures built across the entities. This separation exemplifies the future of value creation in private equity, grounded in operational expertise and specialization. Each entity is now poised to drive its unique growth strategy, ultimately delivering more fresh, healthy food options to consumers worldwide. 🥕🍹 #ProduceIndustry #Innovation #HealthyLiving #produceindustry #producelife #eatfresh #freshproduce #wholesaledistribution #eatyourveggies #freshfood #organics #retailindustry #grocerystores #fruitsandvegetables #thankafarmer #rosstheproduceboss #organics #distribution #food #produce #fruits #veggies #lovewhatyoudo #freshfruits #freshvegetables #eathealthy #groceryretail #foodbusiness
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Today's equity spotlight is Bega Cheese Limited. And despite the name, this company doesn't only sell Bega Cheese. Bega is an integrated producer of iconic brands like Bega, Vegemite, Dairy Farmers, Dare, Farmers Union, Masters, Daily Juice, The Juice Brothers, and Zooper Dooper. Even with cost-of-living pressures, Bega's consumer brands have shown resilience, achieving double-digit price increases and a 5% volume growth in 2023. This strength has driven a share price increase of over 28% for 2024 to date. Recognising changing consumer trends towards dairy-free and vegan diets, Bega is strategically shifting investment to its spreads business, boasting strong positions in products like Vegemite and peanut butter, which offer potential higher margins. Additionally, Bega is enhancing its focus on supply chain efficiencies and expanding sales to non-grocery customers, such as convenience stores and chain restaurants. Bega's success story is truly the cream of the crop 🧀 #FutureThinking #Hewison #Investing #FinancialGrowth #Markets Disclaimer: Any information, financial product or advice provided in this post is general in nature. It does not take into account your needs, financial situation or objectives. Before acting on the advice, you should consider whether it is appropriate to you in light of your needs, financial situation and objectives.
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CURRYiT, the innovative cooking paste brand, has just raised an impressive ₹4.5 crore in a seed round! The funding round was co-led by RK Family Office Trust, Tangent Capital Advisors Private Limited, and FreeFlow Ventures, with notable participation from Ramesh Damani, Ajaya Jain, and others. Founded in 2020 by Richa Sharma and Nischal Kandula, CURRYiT is on a mission to transform the ready-to-cook market by eliminating chemicals, preservatives, and dehydrated vegetables from their products. Their diverse range includes popular pastes like Kashmiri rogan josh, butter masala, biryani pastes, and more. With this fresh capital, CURRYiT plans to scale operations, boost brand marketing, and strengthen distribution channels. The company has already made significant strides, serving over 25,000 pin codes daily and achieving over 50% month-on-month growth on Q-commerce platforms. Their ambitious goal is to quadruple their monthly revenue within the next six months! As the Indian ready-to-cook and spices market is projected to grow at a CAGR of 15.7%, CURRYiT is well-positioned to capitalize on this trend. Stay tuned for more updates as CURRYiT continues to spice up the food industry! Read More: https://lnkd.in/gzdfKx7Z #FundingNews #StartupSuccess #FoodTech #CURRYiT #IndianSpices #Qcommerce #BrandGrowth #InvestmentNews
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We knew about it but just couldn't print it in our latest issue... talk about timing! UK-based plant-based food company, THIS™, has announced that it has appointed Mark Cuddigan as its new CEO. Cuddigan, previously the chief executive at Ella's Kitchen brings his experience and expertise to lead THIS in its efforts within the plant-based food sector. His appointment aligns with the company's focus on advancing its position and offerings in the growing plant-based market. Cuddigan is succeeding co-founders Andy Shovel and Pete Sharman, who have served as co-CEOs since the company's launch in 2019. "After four-and-a-half years of trading and two more years of R&D before that, Pete and I have taken a self-awareness pill, and realized that there could be more sensible and more suitable CEOs to take our baby up to dizzying heights," said Shovel. "Hopefully we've done a semi-alright job up until now. Thanks to our team (and like 2% Pete and I), THIS has gone from £0 to ~£24 million annualized revenue in four years, we grew 47% year-on-year in 2023 while the category stayed flat, we're the largest independently owned meat alt brand and we're aiming to have our first profitable quarter later this year. We look forward to supporting Mark and the team from here, as we try and further revolutionize the plant-based category with banging new products and silly marketing." We hope you guys stay around... you made THIS what it is... #plantbasedmeat #foodtech #alternativeproteins
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Food Monk is here to support your food business journey, solving every challenge and unlocking potential for success. Whether starting out or expanding, we are with you every step of the way. Dream big with Food Monk by your side and let's achieve success together. #foodmonkconsultants #foodprocessing #pune #foodprocessor #foodpacking #foodprocessingequipment #foodindustry #fssai #fssaiindia #packing
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Story of a homegrown brand Veeba who Defeated Maggi, Kissan & Heinz! Founded just a decade ago, Veeba Foods is now a ₹5,000 brand built by Viraj Bahl, built on the legacy of his father, Rajeev Bahl, founder of Fun Foods. With prior knowledge of the market, Viraj started by targeting the B2B strategy, which was something new to the industry stereotypes. Veeba focused on the Quick Service Restaurant (QSR) sector, securing major clients like Domino's, Starbucks, Burger King, and KFC. While many were shifting online, Veeba concentrated on the offline market, which fostered greater trust and, naturally, more sales in the Indian market. Thry are now available in around 2 lakh stores in the country! Their innovative product strategy, broad vision, and efficient packaging propelled Veeba to the top of India's sauce industry. As an entrepreneur myself, I know it takes years of patience, innovation, failures, hits, and misses to perfect a recipe and I believe Veeba surely cracked the right one! Do read their story in detail about how they cracked on of the most competitive market in the country! Nestlé #brand #growth #maggi
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Kaatil, Indian-Chilli-Focused Condiments Brand, Raises Seed Funding Kaatil, a hot condiments brand under Smerc Food & Beverages, specializing in Indian-chilli-based sauces and oils, has successfully raised an undisclosed amount in seed funding. The funding round was led by Mumbai-based Prajay Advisors, with participation from prominent investors Shivaan Ghai and Romil Ratra of the Graviss Group. This new capital comes on the heels of Kaatil’s recent win of the prestigious Great Taste Award 2024 from the Guild of Fine Foods, U.K., solidifying its position as a high-quality player in the global condiments market. read more https://lnkd.in/gqWcTkCY Kaatil(Smerc Foods & Beverages) Sagar Merchant Arjun Panwar #Kaatil #IndianChillies #Condiments #HotSauce #SeedFunding #FoodAndBeverage #StartupGrowth #GlobalExpansion #Ecommerce #B2B #HealthyEating #ProductInnovation #FoodIndustry #GreatTasteAward #D2C #FoodTech #SustainabilityInFood #InternationalBusiness #IndianStartups #SpicyFood
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Look at this impressive refill station in Germany. Beginning in late 2023, REWE Group has launched trials for unpackaged food stations, offering dry goods such as rice, pasta, and cereals. As a pioneer in Germany, REWE has collaborated with the Czech start-up MIWA to implement digital, user-friendly, and hygienic stations. These stations not only promote sustainability but also support a circular economy by providing customers with the option to borrow reusable cups and trays for a refundable deposit of EUR 1.50 or 2.50. Customers are also welcome to bring their own durable containers. Initiatives like this from Europe are exactly what we hope to see from major retailers in Australia. If REWE Group can achieve this, why can't Coles Group and Woolworths Supermarkets? #Sustainability #Circulareconomy #Wastereduction
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