Mitsui in talks with Biyani’s Future Group for food supply venture, says report
Updated : November 26, 2019 11:13 AM IST
Japanese firm Mitsui is in talks with Kishore Biyani’s Future Group as it explores opportunities to invest in a company that will supply fresh food to its upcoming food and grocery retailing vertical, 7-Eleven stores.
Biyani has started a company called Galaxy Cloud Kitchen, which will deliver meals to customers’ doorsteps for Rs 40.
Mitsui Foods Co is a supplier of packaged foods, dairy products, livestock items, rice and cereals, ice-cream, instant foods and beverages, among other products.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more