KiranaPro Expands Its AI-powered Retail Network With Joper App Acquisition
Through this acquisition, KiranaPro will fully integrate Joper app’s operations, leveraging its strengths in local vendor outreach and customer engagement
Through this acquisition, KiranaPro will fully integrate Joper app’s operations, leveraging its strengths in local vendor outreach and customer engagement
Reports state that combined with ABD’s operational scale, the acquisition of these brands offer an opportunity for growth and market dominance
The company plans to enhance SIL Foods’ product offerings through improved quality standards, wider distribution networks
The transaction is expected to be completed in the first quarter of the next financial year (Q1FY26)
Agro Tech Foods, in an exchange filing in November 2024, informed that the acquisition was valued at Rs 1,300 crore
With this, Reliance Consumer Products is set to enter into direct competition with the key players in the segment
In November, a bigger-than-expected drop in quarterly revenue was posted by Capri which was hurt by execution missteps, as per reports
The agreement follows the signing of a term sheet by both the Agrawal family and Temasek, according to the media reports
The acquisition, if materialises, would expand Hindustan Unilever’s (HUL) portfolio, which already includes brands like Dove, Lakme, and Lux
With this transaction, Agro Tech Foods or ATFL is aiming to enhance its presence across retail and food services sectors