Bengaluru-based MTR Foods has announced a ₹50-crore fund to invest in early-stage food processing startups. "The face of the Indian food processing industry is redefined by startups. We want to now clearly participate in this market," MTR Foods CEO Sanjay Sharma said. MTR Foods has invested in one Bengaluru-based child food manufacturer FirmRoots, picking up a 42% stake in it.