Dairy Ingredients Firm Ace International Raises ₹305 Crore From Investors To Expand Business
Dairy ingredients firm Ace International raised USD 35 million (Rs 305 crore) from investors to expand its business. The fund will be used to set up a dairy ingredients and nutrition facility at Kuppam, Andhra Pradesh.Ace International is a food ingredient player. It makes multiple products of nutraceuticals, infant and sports nutrition, medical foods, beverages, and confectionery.
PTI
Updated: Thursday, November 27, 2025, 01:39 PM IST
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New Delhi: Dairy ingredients firm Ace International Ltd on Thursday said it has raised USD 35 million (Rs 305 crore) from investors to expand business. In a statement, the company said it has raised the amount from Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO), responsAbility, Incofin, and Fiedlin Ventures.
The fund will be used to set up dairy ingredients and nutrition facility at Kuppam, Andhra Pradesh.Ace International is a food ingredient player. It makes multiple products of nutraceuticals, infant and sports nutrition, medical foods, beverages, and confectionery.
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