Norwegian Business Association (India)

With Rs 50 crore, Orkla eyes a bite of food-tech startups


Orkla Group, the parent company of MTR Foods, has Rs 50-crore venture fund with set up a an aim to make early-stage investments in startups. The fund, christened MTR Seed Fund, will invest mainly in food tech-related startups in India over 2017 and 2018.

It is the first such fund set up by the Orkla Group outside of Scandinavia.

Read more at:
http://economictimes.indiatimes.com/articleshow/60286945.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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