Theobroma is valued at ₹3,500 Cr. • Founded by sisters Kainaz Messman Harchandrai and Tina Messman Wykes. • Started as a small bakery in Colaba, Mumbai, in 2004. • Known for brownies, cakes, and desserts. • Has grown to 225 outlets across India. • ICICI Ventures received a 10x ROI from their investment. • The founders may receive a ₹1,000 Cr payout.
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