Dairy ingredients firm Ace International raises USD 35 mn for biz expansion
Published on: Nov. 27, 2025, 3:32 p.m. | Source: Daily Excelsior
NEW DELHI, Nov 27: 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 […]
