General Atlantic to Buy 7% In Balaji Wafers
General Atlantic will acquire 7% in Balaji Wafers for Rs 2,500 crore, valuing the snack maker at Rs 35,000 crore in a major FMCG PE deal.
FMCG
Food & Beverage.
Companies
FMCG
Steep Valuation Likely To Hamper Balaji Wafers’ Stake Sale Plans: Reports
- by BW Retail World Bureau
- September 29, 2025
The deal is unlikely to happen for now as the potential investors have stopped the talks over the high Rs 40,000 crore valuation demand, reports note
Companies
FMCG
US Multinational General Mills Joins Race For Balaji Wafers Stake: Reports
- by BW Retail World Bureau
- September 18, 2025
Reports note that company has approached the founders of Balaji wafers and have proposed a deal that could result in the General Mills getting a majority holding
Companies
FMCG
ITC, PepsiCo Competing For 10% Stake In Balaji Wafers: Reports
- by BW Retail World Bureau
- September 12, 2025
Reports note that regional snack brands in the country are attracting investor interest as they have been growing at a faster pace than the bigger players
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Finance
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National
News
DGGI Accuses FMCG Firms Including ITC, PepsiCo Of GST Evasion
- by BW Retail World Bureau
- March 7, 2024
The Directorate General of GST Intelligence (DGGI) has initiated action against many fast-moving consumer goods (FMCG) companies for alleged tax fraud. According to a report, DGGI filed notices and investigative intimation letters to FMCG businesses such as ITC, Pepsico, Prataap Snacks, Balaji Wafers, Guiltfree Industries and Sarveshwar Foods about this. These companies are suspected of […]