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Venture Capital | 21 November 2012    2 Comment

Sequoia Capital To Invest In Ready-To-Eat Food Maker - Best Foods Ent.

by Paritosh Gajjar
 
@Paritosh
Sequoia Capital is set to invest around $4-5 Mn in Bangalore based ready made food maker – Best Food Enterprises Private Limited, as per nextbigwhat.com.

The investment is to be completed by March 2013.

Best Food operates out of Bangalore with the focus on the fresh food segment. It manages its products under the ‘ID Special’ brand and over the past 5 years has captured more than 90% of the batter and paratha market in Bangalore.

Danone, Fonterra To Acquire Controlling Stake In Tirumala Milk

Global Dairy Giants – French Danone and New Zealand’s Fonterra are interested to acquire controlling stake in South Indian Dairy Company – Tirumala Milk Products Private Limited as PE investor Carlyle is planning for stake sale.

Read More...

Reliance Buys Out Jaiprakash Powers' Hydro Power Portfolio

Reliance Power Limited, through its subsidiary Reliance CleanGen Limited is acquiring the entire hydroelectric power portfolio of Jaiprakash Power Ventures Limited. The deal comes on the back drop of Taqa led consortium backing out of the deal to buy two hydro plants of Jaiprakash Power.

Read More...
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