BusinessNews

Authum Investment and Mahi Kela to Acquire ₹846.60 Crore Stake in Prataap Snacks, Owner of Yellow Diamond

Authum Investment & Infrastructure Limited and investor Mahi Madhusudan Kela are set to purchase a significant stake in Prataap Snacks Ltd., the parent company of Yellow Diamond, for ₹846.60 crore, according to a BSE filing on September 27. The agreement includes acquiring a 46.85% stake from Peak XV Partners Growth Investments I, Peak XV Partners Growth Investment Holdings II, and Sequoia…
Read more
BusinessNews

Beginning from a little room, Amit constructed a Rs 1,000 Cr snacks organization

Karma didn’t appear to support Amit Kumat when he chose to turn into a business person. In spite of working in the snacks business for 10 years, he decided to turn into a synthetics maker. In under a year, Amit was in Rs 6 crore obligation. He shut the business, reimbursed his leasers, and considered his best course of action. At some point, Amit hit upon the plan to recreate the accomplishment…
Read more