Singaporean sovereign wealth fund Temasek Holdings (Private) Ltd backed chocolate retail chain The Cocoa Trees with an undisclosed amount of fresh capital as the travel retail sector of Asia enjoys a sudden rise in income.
Hospitality/Food
US food delivery startup Caviar bags $15M in seed and Series A funding
San Francisco, US-based food delivery startup Caviar bagged a total of $15 million in its seed and Series A funding led by Winklevoss Capital and Tiger Global to expand into new cities.
Australian payments app Aston Club takes home $1.5M in seed funding
Melbourne, Australia-based payments startup Aston Club took home $1.5 million in its seed funding round led by Chris Morris of Computershare to launch a mobile app that helps users pay their bar and restaurant bills.
New York grocery delivery service Blue Apron looks to raise $50M in Series C funding
New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.
Irish beverage firm C&C to shell out £1.2M for expansion
Belfast, Ireland-based alcoholic beverage firm C&C will shell out £1.2 million to expand in Belfast and open a new commercial business support center, creating an additional 25 jobs in the region.
Latest News
Hong Kong-based private equity firm EmergeVest picked up a controlling stake in Derbyshire, UK-based chilled and frozen food distributor NFT Distribution Operations for an undisclosed amount to expand its sales.
Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.
Dubai, United Arab Emirates (UAE)-based firm Abraaj Group picked up a stake in Casablanca, Morocco-based chocolate manufacturer Kool Food for an undisclosed amount to back the latter's international distribution plans.
British billionaire Richard Branson has signed a deal to acquire Rochelle Hotel and Mountain Vineyard, which would add to his luxury hotel collections.
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET. Diageo Plc expressed interest in getting a strong grip in United Spirits as it looks in expanding into international operations in the biggest whiskey market in the world.
Boston, US-based food ordering platform ezCater scooped up $4 million in a funding round from several investors and high-net worth individuals to beef up its online list of food caterers around the country.
San Carlos, US-based healthy snack startup NatureBox raised $18 million in a Series B funding round led by Canaan Partners to expand the snack choices it delivers to its consumers.
Jerzy Malek, the founder of salmon processor Morpol, picked up a 12.9% stake in Alesund, Norway-based biomarine firm Hofseth Biocare in a private placement valued at NOK45 million.
