Believe me, it’s not... • 1m
Yesterday – reports suggested ChrysCapital finalised a ₹2,410 Cr deal to acquire Theobroma. One of India's most loved bakery chains is now set to be one of its largest cash exits in the F&B space. ICICI Ventures (which owned 42%) is expected to walk away with ~₹1,012 Cr on a ₹130 Cr investment made in 2017 → 7.8x return in 7 years Theobroma numbers (FY24, 225 outlets across 30+ cities): – Revenue: ₹452 Cr – Net Profit: ₹27 Cr – Projected FY25 EBITDA: ₹80–100 Cr Starting in a 1BHK in Colaba in '04, Sisters Kainaz & Tina Messman built a brand on premium bakes + strong word of mouth → took 10 years to raise their first round of capital: ₹22 Lakh from Zend advisors. 🧐There’s growing PE appetite in F&B, especially for brands with strong recall and national scale - a). Haldiram has seen consistent inbound interest (Temasek + Alphawave invested earlier this year) b). ChrysCapital is likely moving on Belgian Waffle Co next (₹1,000 Cr deal in the works) ⏭️Theobroma Founders will likely see one of the largest cash exits by women entrepreneurs in Indian consumer history.
Believe me, it’s not... • 7m
The health-focused food space has seen a noticeable uptick in activity. In the past few months - - WickedGud raised ₹20 Cr from Orios VP (healthy alt's for pasta/noodles/chips) - Troo Good raised $9 M from Puro Wellness, Oaks, V Ocean Inv. (offers m
See More•
Faad Network • 8m
Meet the woman who had an accident at 24 and built a 3500 CR business. 1. When Kainaz Messman was 16 and on a trip to France, she decided to dedicate her life to making pastries. After studying at the prestigious Oberoi Centre of Learning & Developm
See MoreBelieve me, it’s not... • 6m
Investors appear optimistic about co-working spaces and startups are capitalizing on this trend. 🏢A growing number are looking to raise funds via VCs , Family Offices or through the IPO route - - Innov8 raised ₹110 Cr via a primary funding - Workie
See MoreDownload the medial app to read full posts, comements and news.