Thursday, March 28

Tag: Organic food

Plant-Based Food Company TMRW Foods Raises $2.6 Million
FUNDING

Plant-Based Food Company TMRW Foods Raises $2.6 Million

VANCOUVER, BC, Aug. 25, 2021-- TMRW Foods, the growing Canadian plant-based food innovation company, announced a seed round investment of $2.6 million. Investors for this fundraising round include Greg Blake (Daiya co-founder), Richard Cooperstein (CEO & Senior Managing Partner of Media Investment Group, former Senior Executive at Disney's Worldwide Television Group, Paramount Pictures & Facebook), Eric Patel (Director at Fresh Prep, former Director at Smart Sweets, former Board Chairman at Daiya), and the Milne Group (owners of Virtuous Pie, Mila and Harken Coffee), who have increased their stake in the company. TMRW's mission is to redefine protein for the masses by creating protein with more flavour, nutrients and variety than any protein availabl...
Patanjali Ayurved Earning Reach $2 Million via Online Sales
BUSINESS

Patanjali Ayurved Earning Reach $2 Million via Online Sales

Baba Ramdev led Indian FMCG company Patanjali Ayurved registered an online sales of up to Rs 15 crore every month and expect it to grow further every month. "Our online business is between Rs 10 to 15 crore per month, and expecting to increase it further every month. Our online business is doing good despite the fact that we are not offering any discounted sales to the consumers" said CEO of Patanjali, Acharya Balakrishna. According to Balakrishna, who was speaking at an event, "the company would continue to invest in the food processing and connect with more farmers. This would also create more employment opportunities." For current fiscal, Balakrishna said, "We have done better than the last year (FY 2018) and expected, even more, this fiscal. We have tried to improve our internal s...