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    Tata Consumer to buy Aavishkaar-backed packaged foods startup - Featured

    VCCircle

    Tata Consumer to buy Aavishkaar-backed packaged foods startup

    Joseph Rai / 04 Feb 2021

    Tata Consumer Products Ltd has agreed to acquire a packaged foods startup that is backed by impact investment firm Aavishkaar Venture Management Services Ltd.
    Tata Consumer said in a stock exchange filing that it will buy 100% of the issued and paid-up equity share capital of Kottaram Agro Foods Pvt. Ltd for Rs 155.8 crore ($21.3 million).

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