Sapna Agarwal
Stories by Sapna Agarwal
India: Allied Blenders plans to sell up to 5% stake to PE firm before IPO
In August last year, the Kishore Chhabria-led company announced plans to raise Rs1,000 crore in an IPO.
India: PepsiCo bottler Varun Beverages eyes up to $210m from IPO in October
Once the initial public offering (IPO) is completed, the non-promoter holding, including private equity investors and the public, will be 25-26% in th
Future Group buys Indian retail store chain Sangam Direct
This will be Future Group’s third acquisition in northern India in the food and groceries space in the last three years after Big Apple and EasyDay.
India: Somany Ceramics eyes acquisitions to accelerate growth
Somany Ceramics Ltd is looking at possible acquisitions of companies making faucets and bath fittings to accelerate its growth in these categories whi
India: Happily Unmarried plans to raise between $4.4m to $7.4m
Happily Unmarried is now looking at raising more funds and also getting strategic investors on board as they look at general trade expansion
Hindustan Unilever buys Swedish Blueair to gain foothold in niche market
In 2014, Unilever acquired a majority stake in China’s Qinyuan Group, a water purification business which then more than doubled the size of its bus
Adani Wilmar to diversify into value-added food business, tap Asian markets
Adani Wilmar Ltd is planning to diversify into food business and value-added edible oil as the 50:50 joint venture of the Indian conglomerate Adani Gr
India: D-Mart parent Avenue Supermarts working on $177m IPO
In the last 18 months, several consumer companies, including Coffee Day Enterprises Ltd (Cafe Coffee Day), Manpasand Beverages Ltd, Parag Milk Foods L
Entry of conglomerates set to shake up India’s online fashion retail
The segment may go through a journey similar to what telecom and airline sectors witnessed, where some initial entrants cease to exist and some new en
India: Cremica Food raises $15m from Rabo Equity Advisors
This is Cremica Food Industries’ first round of funding, following the split of a well-regarded, family-held business of three brothers—Mrs. Becto
