Author: Bobby

-KH News Desk OneOrder, a one-stop online shop that sells food supplies to hotels, restaurants, and cafés, and a subsidiary of Contact Financial Holding, has inked a deal worth $6.5 million with contact Factoring, a prominent provider of non-banking financial services in Egypt. OneOrder also raised $1 million in its last funding round in February, led by venture capital A15.  The arrangement is one of several alliances that Contact is eager to establish as part of its development strategy, which intends to offer a broad variety of integrated financial solutions. The company’s investment strategy and factoring services, one of the most…

-KH News Desk (cbedit@imaws.org) Singapore based Asmara, the company behind goods like Health Tonics, Probiotic-Mood Snacks, Sima Tea, functional drinks, ginseng, and para-probiotics is buzzing around for a possible acquisition. If the talks are to be believed, a large MNC has already initiated talks with the company. Founded in 2019 by Ramesh Krish Kumar and Tho Pin Da with a beginning capital of just US$3,038, Asmara received its first angel investment last year. “An overseas MNC is planning to acquire Asmara fully. In fact, three entities have approached us, and we are in discussions with all three of them. We…

-KH News Desk Fresh Del Monte Produces is one of the world’s leading vertically integrated producers, distributors, and marketers of fresh and fresh-cut fruits and vegetables. The Company markets its products under the Del Monte brand  has announced their recent partnership with CAFÉ NAJJAR, the Lebanese coffee giant, known for their NAJJAR GOURMET COFFEE’S. A wide variety of freshly ground, high-quality coffee beans and products that are tailor-made for the true coffee enthusiasts in MENA (Middle East and North Africa regions). Coffee is deeply ingrained in the middle eastern culture, and CAFÉ NAJJAR is at its epicentre. CAFÉ NAJJAR is…

-KH News Desk The series was a collaboration with La Molisana, an award-winning pasta factory and the university’s current supplier of pasta, and the Mediterranean Diet Roundtable. In this collaboration, La Molisanacontributed authentic recipes for campus menus, in addition to providing training and development opportunities for Yale Hospitality staff. The university in return, provided the Yale Hospitality teamand guests with an opportunity to learn more about the nutritional aspects and production strategies of La Molisana’s artisanal, high-quality pasta. “Purchasing top-of-the-line pasta from La Molisana not only allows us to create comforting, delicious, and memorable meals — but provide a quality…

-KH News Desk (cbedit@imaws.org) BigSpoon, a cloud kitchen business, has secured Rs 100 crore ($12.5 million) from IAN, NB Ventures, Go-Ventures, Lets Venture, Grip Invest, and Anicut Capital as part of its Series A investment. Mouni Roy joined the firm as a celebrity investor and will be involved in brand development and sponsorships. “The concept of cloud kitchen in India is still nascent and Bigspoon, with its expertise, possesses the right knowledge to revolutionize the sector. It will be filling the gap in the underpenetrated Tier-2 & 3 markets which are still underserved,” said Sanjiv Bajaj, IAN Lead Investor. The…

-KH News Desk Baker & Baker, a provider of bread goods with headquarters in Wirral, has agreed to have La Marquise International serve as its distributor throughout the United Arab Emirates (UAE).  They provide a wide selection of branded and own-label bakery goods of the highest quality to serve the needs of clients and customers in marketplaces throughout Europe. Bromborough-based Baker & Baker announced its debut in the Middle East last year with the opening of an office there and the hiring of a committed sales staff. The establishment of a consumer base throughout the nation has begun with this…

-KH News Desk A household name for the people of Kolkata, Chowman is the city’s most famous outlet for Chinese food. Chowman is set on its way to create a standardised F&B chain in India.  The business established a foothold in Bengaluru last year during the pandemic by operating three cloud kitchens after establishing its appeal in the lanes of Kolkata.  Located at Neeladri Nagar, Electronic City, Near Bommasandra, this is Chowman’s fifth outlet in the city, after the success of its outlets in Indiranagar, Marathalli, Arekere, and Kalyan Nagar.  “We have moved a step ahead with our brand-new outlet…

-KH News Desk Ahead of an anticipated visit by US House Speaker Nancy Pelosi, China reportedly tried to put economic pressure on a crucial industry by blocking shipments from more than 100 Taiwanese food exporters. Food items imported from the bakery and fruit industry were suspended. As the highest-ranking American politician to visit Taiwan since former House Speaker Newt Gingrich did so in 1997, Ms. Pelosi left Taiwan on Wednesday for South Korea after speaking with President Tsai Ing-wen and delivering a speech to the legislature. The Order of Propitious Clouds with Special Grand Cordon, a Taiwanese civilian honor, was…

-KH News Desk Chennai :India’s leading kitchen automation company EssEmm Corporation, now reckoned with quality in the hospitality and food processing industry launches the‘COSMOS NUT BUTTER GRINDER’a first of its kind in India. Showcasedby its Founder & Managing Director Sathish Nair today in Chennai. The ‘COSMOS NUT BUTTER GRINDER’ is Ideal for grinding peanuts, sesame seeds, cashew nuts, cocoabeans, apricot kernel, pumpkin seeds, and many nuts & seedsinto fine paste from its roasted form. It finds its application in supermarkets, organic foodstores, ice cream, chocolate and hospitality industry. Entiremachine is made of SS 304 and the food grinding parts are made…

-KH News Desk Hyderabad: American Brew Crafts has launched a new top-of-the-line super chilling draught dispenser. The dispenser will provide the best-chilled beer to the customers without any initial wastage thereby providing a significant cost advantage to owners. The dispenser is set to hold the temperatures in two different temperatures, one at Chilled (5-6°C) & Super chilled (2-3°C), and comes with indicators for refilling. American Brew Crafts is known for its Blockbuster beer and has a core portfolio of flavourful beers. The brand is available in Andhra Pradesh and Telangana and has recently launched the beer in Goa and Pondicherry markets.   The new dispenser…