Hyderabad: Superfoods player based in Hyderabad, Nourish You, has acquired 100% stake in Bengaluru- based vegan dairy player One Good and is eyeing a Rs 50-60 crore fundraise via a Series-A round by June 2024. The deal, being touted as one of the largest merger & acquisition deals in India’s burgeoning plant-based foods ecosystem, was conducted through a share swap and will see One Goodfounders get a minority stake in Nourish You.tnn
We also published the following articles recently
We also published the following articles recently
Hyderabad superfoods brand Nourish You acquires Bengaluru vegan dairy brand One Good
Hyderabad-based Nourish You acquires 100% stake in Bengaluru-based vegan dairy One Good, making it one of the largest merger & acquisition deals in India’s plant-based foods ecosystem. The deal was conducted through a share swap, with the One Good founders gaining a minority stake in Nourish You. The leadership team of One Good will also join Nourish You. This acquisition marks Nourish You’s evolution into a plant-based brand, integrating its commitment to animal welfare with the goal of making plant-based foods affordable and accessible.
Hyderabad-based Nourish You acquires 100% stake in Bengaluru-based vegan dairy One Good, making it one of the largest merger & acquisition deals in India’s plant-based foods ecosystem. The deal was conducted through a share swap, with the One Good founders gaining a minority stake in Nourish You. The leadership team of One Good will also join Nourish You. This acquisition marks Nourish You’s evolution into a plant-based brand, integrating its commitment to animal welfare with the goal of making plant-based foods affordable and accessible.
IPL 2024 auction: Full list of 333 players up for grabs and their base price
The IPL Auction 2024 is set to take place in Dubai on December 19. Harry Brook from England and Travis Head from Australia are among the players with a base price of Rs 2 crore. The auction will feature a total of 333 cricketers, including 214 Indians and 119 overseas players. Gujarat Titans have the largest purse at Rs 38.15 crore, followed by Sunrisers Hyderabad with Rs 34 crore.
The IPL Auction 2024 is set to take place in Dubai on December 19. Harry Brook from England and Travis Head from Australia are among the players with a base price of Rs 2 crore. The auction will feature a total of 333 cricketers, including 214 Indians and 119 overseas players. Gujarat Titans have the largest purse at Rs 38.15 crore, followed by Sunrisers Hyderabad with Rs 34 crore.
Bengaluru-based AI startup raises $41 million
Bengaluru-based Sarvam AI has secured $41 million in funding, making it the largest ever series A funding for an Indian AI startup. The funding round was led by Lightspeed, with participation from Peak XV Partners and Khosla Ventures. Sarvam AI, founded by Vivek Raghavan and Pratyush Kumar, operates in the generative AI space. The company aims to accelerate the adoption of GenAI in India, as enterprises recognize its potential but struggle to leverage it for their business.
Bengaluru-based Sarvam AI has secured $41 million in funding, making it the largest ever series A funding for an Indian AI startup. The funding round was led by Lightspeed, with participation from Peak XV Partners and Khosla Ventures. Sarvam AI, founded by Vivek Raghavan and Pratyush Kumar, operates in the generative AI space. The company aims to accelerate the adoption of GenAI in India, as enterprises recognize its potential but struggle to leverage it for their business.
