Cargill India raises ₹350 crore from group firms.

Cargill India Private Limited, a major food and agricultural products maker, has raised around ₹350 crore funding from its oil company Cargill Mauritius Limited, Cargill International Pte Ltd. Singapore and Cargill Asia Pacific Holdigs Pte Ltd.

According to a filing with the Registrar of Companies that was accessed on the business intelligence platform Tofler, Cargill Mauritius pumped in ₹280 crore in its Indian unit Cargill India, while Cargill International Trading Pte. Ltd, Singapore and Cargill Asia Pacific Holdings Pte. Ltd invested ₹43 crore and ₹28 crore respectively.

BusinessLine could not reach out to Cargill India for confirmation.

Cargill, which started its India operations in 1987, now has a foods business unit called Cargill Foods India which processes, refines and markets a wide range of both indigenous and imported edible oils, fats and blends to the food industry.

HBL