Pantomath's BVF invests ₹235 crore in Haldiram Bhujiawala
Business Standard|November 09, 2024
Kolkata-based Haldiram Bhujiawala has announced the closure of its private placement round, with Pantomath's Bharat Value Fund (BVF) investing ₹235 crore in the company for a minority stake (less than seven per cent).
SHARLEEN D'SOUZA & DEV CHATTERJEE

Haldiram Bhujiawala retails its products under the brand "Prabhuji". It has been in the market for six decades in the snacks and savoury industry.

Pantomath's Bharat Value Fund said in its statement that the snacks market, one of the fastest-growing sectors in India, was estimated to be worth ₹42,600 crore in the financial year 2024 (FY24), which is expected to reach ₹95,500 crore by FY32, registering a CAGR of 11 per cent.

This story is from the November 09, 2024 edition of Business Standard.

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This story is from the November 09, 2024 edition of Business Standard.

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