Ace International, a leading food and nutrition ingredients company, has secured approx. Rs 305 crore from a group of investors, including Dutch entrepreneurial development bank FMO, Swiss investment firm responsAbility, Belgium’s Incofin, and Fiedlin Ventures.
The funding will support the construction of a fully integrated dairy ingredients and nutrition facility in Kuppam, Andhra Pradesh. Sanjeev Goyal, founder and chairman of Ace International, stated, “This partnership is more than just funding, it’s an accelerator of purpose.”
The company aims to revolutionise the food industry through innovation in food technology, ensuring better business outcomes and improved nutrition globally. With this investment, Ace International is poised to strengthen its position in the growing dairy sector while driving positive nutritional impact.