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Mahendra Lochhab

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Snacks maker Haldiram Bhujiwala has raised Rs 235 crore from Pantomath's Bharat Value Fund (BVF) in lieu of a minority stake through private placement.

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PepsiCo is also in the race to buy a minority stake in Haldiram.

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Haldiram's was founded by Ganga Bishan Agarwal, commonly known as Haldiram, in 1937. Haldiram began his journey in Bikaner (Rajasthan) where he started a small shop selling traditional Indian sweets and snacks, and the famous "bhujia". fast-forwardi

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