DS Group acquires Bengaluru-based chocolate brand LuvIt
In a strategic move to expand its packaged foods portfolio, DS Group has acquired Good Stuff Pvt Ltd that owns chocolate and confectionery brand LuvIt. The move will strengthen the company’s presence in the chocolates and confectionery space. It also comes close on the heels of the company’s partnership with Swiss chocolate brand Laderach for […]
Danone invests in animal-free dairy startup Imagindairy
Danone’s corporate venture arm Danone Manifesto Ventures has taken a minority stake in Imagindairy, an Israeli startup making ‘animal-free’ dairy proteins via precision fermentation (using microbes instead of cows). While Danone is heavily invested in plant-based dairy through brands such as Silk, Alpro and So Delicious, this is its first move into the animal-free dairy space, whereby firms engineer fungi or yeast to make dairy proteins such as […]
