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Curefoods acquires pan-India rights for Krispy Kreme

EntrackrEntrackr · 6m ago
Curefoods acquires pan-India rights for Krispy Kreme
Medial

Curefoods has acquired pan-India rights for Krispy Kreme, extending its operations to 11 stores in Delhi-NCR. The acquisition includes seven retail outlets and four cloud kitchens in locations such as Worldmark Aerocity, Select City Walk Mall Saket, Ambience Mall Gurgaon, Promenade Mall Vasant Kunj, and Mall of India Noida. With this move, Curefoods now operates over 100 Krispy Kreme outlets across India, encompassing dine-in stores and cloud kitchens. The expansion aligns with the company’s strategy to scale Krispy Kreme’s footprint beyond South India and into northern regions. Ankit Nagori, Founder of Curefoods, stated that the acquisition enables the company to develop a unified strategy for brand growth, customer experience, and innovation across India. Future expansion plans include western markets such as Mumbai. Curefoods manages a portfolio of F&B brands, including Kitchens of EatFit, CakeZone, Nomad Pizza, Sharief Bhai, Olio Pizza, Frozen Bottle, and Krispy Kreme. In October 2023, Curefoods had acquired foodtech startup Yumlane. It also acquired a majority stake in milkshake brand Frozen Bottle in 2022 and announced its merger with Mumbai-based Maverix and the acquisition of south India franchise rights of US-based pizza chain Sbarro. As per media reports, Curefoods is planning to raise $300–400 million through an IPO, which is expected to hit the markets in the latter part of FY26. The company recently converted itself into a public entity.

IVCA GreenReturns Summit lays out India’s climate investment roadmap

EntrackrEntrackr · 9d ago
IVCA GreenReturns Summit lays out India’s climate investment roadmap
Medial

The Indian Venture and Alternate Capital Association’s (IVCA) GreenReturns Summit 2025 concluded its two-day event, bringing together investors, policymakers, climate innovators and industry leaders to discuss India’s climate priorities and the investment pathways required for a resilient, low-carbon future. The summit showcased India’s climate-tech ecosystem through startup presentations, sector deep-dives and discussions on financing instruments for clean energy, climate resilience and industrial decarbonisation. Investors and founders emphasised the need for stable policies, demand-side efficiency solutions and innovations that reduce the energy intensity of growth. The gathering also highlighted India’s approach to sequencing climate action by prioritising resilience, strengthening domestic capabilities and leveraging innovation to drive a transition that supports economic growth, job creation and sustainable development. The IVCA GreenReturns Summit 2025 served as a call for collaborative efforts between the government, industry and investors to build a climate-resilient, future-ready India. During the summit, SBI Ventures announced plans to launch its third climate-focused fund early next year. The fund will invest in early-stage and growth-stage climate startups, particularly those working on frontier climate technologies and AI-enabled climate innovations. The objective is to unlock new avenues of green growth and position India as a climate-solutions hub for the Global South. On the second day, Sundaram Alternates unveiled its ESG and Impact Report 2024–25, which presents a comprehensive view of the firm’s real estate private credit portfolio, its ESG integration practices, measurable environmental and social outcomes and the expanding role of private capital in accelerating India’s sustainability transition. In one of the sessions, Shri Pramod Rao, former Executive Director of SEBI and former member of IFSCA, spoke about how India’s financial markets are entering a transformative phase, where green bonds, social bonds and other impact instruments are becoming critical for mobilising private capital towards sustainability goals. The Indian Venture and Alternate Capital Association (IVCA) is a not-for-profit apex industry body promoting the alternate capital industry and fostering a vibrant investing ecosystem in India. The association is committed to supporting the ecosystem by facilitating advocacy with the Government of India, policymakers and regulators. It represents more than 500 funds with a combined AUM of over 350 billion dollars. These funds invest in emerging companies, venture growth, buyout, special situations, distressed assets, credit and venture debt, among others.

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