Starlineps Enterprises ventures into food sector with Rs 2 million investment

Starlineps Enterprises Ltd has ventured into the food sector with a Rs 2 million investment in Tulua Foods Pvt. Ltd. This move builds on the company’s recent expansion into high-growth sectors such as AI technology through investments in CUR8 Ventures and LiaPlus AI. 

“The capital infusion in Tulua Foods is expected to accelerate the company’s growth, enhancing production capacity and enabling its entry into new markets,” the company said.

Tulua Foods, recognized for bringing authentic Indian flavours to the B2B segment, supplies branded spices in bulk. 

Earlier investments in CUR8 Ventures have opened doors to the rapidly expanding AI Defence sector, while LiaPlus AI has strengthened the company’s foothold in the tech world with its advanced language-processing technologies. 

Meanwhile, the company’s annual revenue rose by 48.2 per cent and net profit surged by 192.5 per cent. The company also recently secured a major order worth Rs 379.62 million.