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ETHNIC SNACKS MAKERS
Madhusudan Kela invests ₹75 crore in Wow! MomoWow! Momo Foods has secured ₹75 crore in new funding. This investment is led by veteran investor Madhusudan Kela. The capital will fuel the...
Balaji Wafers may rethink stake sale plan as PE funds cite steep valuationBalaji Wafers' minority stake sale is currently stalled as private equity funds and strategic investors withdrew due to the snack maker's s...
ITC, PepsiCo make beeline for 10% bite of Balaji WafersITC and PepsiCo, along with private equity firms like TPG and Temasek, are vying for a 10% stake in Balaji Wafers, valuing the snack maker ...
Haldiram’s Nagpur & Delhi branches complete mergerHaldiram's Delhi and Nagpur factions have merged to form Haldiram Snacks Food Private Limited, creating India's largest snacking company. T...
Haldiram Snacks announces Temasek as strategic investment partnerHaldiram Snacks Food has announced Temasek as a strategic partner, with the investment firm acquiring close to 10% equity stake for around ...
After Temasek, Haldiram set to add a dash of Alpha Wave to investor mix, to sell 6% for Rs 5160 crSheikh Tahnoon bin Zayed's Alpha Wave Global plans to acquire a 6% stake in Haldiram Snacks Food for approximately $600 million. This poten...
$10 billion bhujia: What's behind Haldiram's stratospheric valuation?Temasek has agreed to acquire a 10% stake in Haldiram at a $10 billion valuation, after other potential buyers withdrew over price concerns...
Kuch namkeen ho jaaye: Crunch time in FMCG sectorTraditional Indian snacks, or namkeen, have dominated the FMCG sector, with sales reaching nearly 50% of the salty snacks market in 2023-24...
Pepsi, Tatas look to spice up snacks marketPepsiCo and Tata Consumer Products have teamed up to develop and sell packaged snacks, integrating PepsiCo's Kurkure brand with Tata's Chin...
Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal familyPepsiCo has recently entered negotiations for a minority stake in Haldiram Snacks Food, competing with contenders Temasek and Alpha Wave Gl...
Bikaji Foods acquires 53% stake in Hazelnut Factory for Rs 131 crore; to compete in QSR spaceBikaji Foods International has acquired a 53.02% stake in Lucknow's Hazelnut Factory for Rs 131 crore through its subsidiary. This strategi...
Traditional Snacks vs Western Munchies: Immigration continues... to the United Snacks of IndiaBe it bhujia, chivra or the multi-named fried and spiced peanuts – they’re more than a match for potato chips on the tidbits smorgasbord
Gopal Snacks IPO to open for subscription on March 6Gopal Snacks IPO will open for subscription on March 6 and close on March 11. The company is yet to announce the price band. Gopal Snacks a...
Bikaji Foods Q3 Results: Net profit jumps 30% YoY to Rs 49 croreThe net profit increased to Rs 49.09 crore while total sales rose to Rs 612.89 crore in Q3FY24 due to strong festive demand and favourable ...
Leading namkeen maker Gopal Snacks files draft IPO papers with SebiThe IPO is entirely an offer for sale (OFS) of equity shares worth up to Rs 650 crore by promoters and other selling shareholders. Under th...
Diet snacks category remains niche; we're looking to be a total foods company: Deepak Agarwal, Bikaji Foods MDBikaji Foods, which got listed last fortnight with its stock listing 8% higher to its IPO price, is the third largest ethnic snacks company...
Kellogg eyeing mega alliance with Haldiram'sThe breakfast cereal giant has kick-started discussions with iconic Haldiram's for a mega alliance.
Munchies Makeover: Why snack companies’ next winners will be branded desi productsDosa masala burgers, jaljeera and aam panna drinks, masala oats — these are just a few products in portfolios of snack-makers, even the mul...
- MTR still under-leveraged brand: Sanjay Sharma
Five years after MTR Foods was acquired by Norwegian foods group Orkla Brands International, the formeris in no hurry to bring in Orkla's p...
- MTR Foods eyes Rs 1,000 crore revenue by 2015
Bangalore-based MTR Foods today said it is aiming for nearly three-fold jump in its revenues to Rs 1,000 crore in the next three years.