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Packaged food companies could shift to more transparency, healthier food options
Thehindubusinessline
·
1y ago
Medial
Organised packaged food companies are facing increased scrutiny over health claims and product formulations following concerns raised by public health advocates and consumers. Nestle's baby food products were recently criticized by a Swiss NGO for high levels of "added sugar." The absence of a definition for "health drinks" has led the FSSAI to direct e-commerce platforms to not classify popular brands such as Bournvita and Horlicks as such. Spices brands Everest and MDH are also facing allegations regarding the presence of ethylene oxide in their products. This heightened scrutiny, combined with consumer demand for healthier options, may lead to a shift toward healthier and more transparent products from packaged food companies.
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How Gramiyaa Is Bringing Cold-Pressed Edible Oils Back In Vogue With Its D2C Playbook
Inc42
·
1y ago
Medial
The Covid-19 pandemic has highlighted the importance of a healthy lifestyle and strong immune system, leading to increased awareness of food choices and dietary habits. People are now more mindful of their consumption and focused on improving their overall well-being. This has resulted in the growth of new categories, including healthier cooking oil options. Consumers are actively seeking oils with quality and health benefits, leading to a shift toward traditional methods of oil production.
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From Mom's Kitchen to Your Doorstep: Instafood Revolutionizes Ready-to-Cook Meals
VCCircle
·
1y ago
Medial
Instafood, an Easy to cook brand, revolutionizes the concept of ready-to-cook meals. Founded in 2021, the company was inspired by a student's struggle to find home-like Indian food abroad. This led to the creation of Instafood, which offers over 25 types of authentic Gujarati cuisine. The brand focuses on preserving food using the natural drying method instead of freeze-drying, ensuring that the meals retain their nutritional value without harmful additives. Instafood aims to encourage healthier cooking habits and provides a menu of vegetarian and Jain options. Learn more at shopinstafood.com.
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New 10-minute food delivery startups are ready to test your impulse control
Livemint
·
8m ago
Medial
New 10-minute food delivery companies like Swish and Zing are emerging in India to cater to the growing demand for faster food deliveries. Swish recently raised $2 million in funding and plans to establish 150 delivery centers across Bengaluru. The success of established food delivery startups Swiggy and Zomato has inspired these new players to offer quick and convenient food delivery options. While 10-minute delivery may have its limitations in terms of food options and scalability, these companies see a significant market opportunity. The Indian food delivery market is expected to surpass ₹2 lakh crore by 2030, attracting more players to the space.
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Butternut Box Secures $354 Million in Funding for Subscription Dog Meals
Robots
·
1y ago
Medial
Butternut Box, a UK-based startup specializing in healthy dog food, has raised £280 million ($354 million) in funding from General Atlantic and L Catterton. The company offers high-quality, customizable dog meals, snacks, and supplements, emphasizing pet nutrition and convenience. With plans for expansion across Europe, Butternut Box aims to address pet obesity concerns and meet the demand for healthier pet food options. The investment highlights the growth of the pet industry, with the broader pet food market expected to reach $100 billion by 2022.
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The late-stage venture market is crumbling
TechCrunch
·
1y ago
Medial
CB Insights data reveals significant valuation declines across various startup stages globally. While early-stage valuations decreased by around 15%, late-stage deals (Series D and later) saw a more substantial 60% decline. This trend prompts discussions about the potential impact on the startup ecosystem and whether a contraction in late-stage dealmaking could lead to healthier capital allocation and quicker weeding out of underperforming companies.
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ITC, Kellogg's spinoff firm eye stake in another PE-backed healthy snacks brand
VCCircle
·
1y ago
Medial
ITC Ltd and Kellogg's are considering investing in an Indian healthy snacks brand, according to sources. Both companies are among the suitors looking to acquire a stake in the brand which is backed by a private equity firm. The move reflects the growing demand for healthier snack options in the Indian market.
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'Get a Narayana Murthy, Anand Mahindra to head DOGE in India': CIO urges corporate-style accountability in govt
Business Today
·
5m ago
Medial
In the US, federal employees must now list weekly accomplishments or risk being considered resigned, a controversial policy supported by Elon Musk and the Trump administration. This demand for accountability mirrors calls in India for corporate-style accountability in government, suggesting that leaders like Narayana Murthy and Anand Mahindra could influence a shift towards a more performance-oriented approach in governance, potentially improving efficiency and transparency in public administration.
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Ready-to-cook foods surge 58% as Indian consumers prioritise convenience
Economic Times
·
1m ago
Medial
The demand for Ready-to-Cook (RTC) meals in India has surged by 58% in 2024, driven by urbanization, dual-income families, and fast-paced lifestyles. According to Kantar Worldpanel data, the RTC segment is the only packaged food category to double in volume over the past two years, attracting 18 million new households. This trend highlights consumers' preference for semi-cooked options that balance convenience with a home-cooked experience, as Ready-to-Eat (RTE) foods see declining interest.
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Every extra samosa bites into India’s GDP: Obesity burden to hit $81.53 bn by 2060
Business Today
·
5m ago
Medial
India faces a growing obesity crisis, projected to cost $81.53 billion by 2060, due to rising consumption of unhealthy foods like samosas. This issue poses a significant threat to GDP growth as healthcare costs and productivity losses will escalate. Initiatives to promote healthier lifestyles and food choices are needed to mitigate this economic burden and improve public health. Failure to address obesity could have long-term economic and social consequences for the country.
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AI could consume more power than Bitcoin by the end of 2025
The Verge
·
2m ago
Medial
AI could soon surpass Bitcoin mining in energy consumption, potentially using nearly half of all electricity consumed by global data centers by 2025. Despite efficiency gains, rising energy demands from expanding AI models and new data centers are contributing to this increase. The lack of transparency in reporting AI energy use and environmental impact by tech companies makes tracking and managing these demands challenging. Researchers urge for more efficient models and greater transparency in sustainability reporting.
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