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Mumbai | New Delhi: Homegrown private equity firm ChrysCapital has agreed to acquire pan-India bakery chain Theobroma Foods for ₹2,410 crore, said people with knowledge of the matter. According to an agreement signed between the parties, ChrysCapital will buy around 90% stake from the company's promoters and existing investor ICICI Venture. The promoters will retain about a 10% stake, the people said. ICICI Venture holds a 42% stake in Theobroma. In 2017, ICICI Venture bought the stake for $2 ...Read More >
World Chocolate day Chef Vanshika Bhatia (Image source: Unsplash) Who doesn't love chocolate? Whether it's a meal outside or at home, or it's one of those days that can be lifted by a simple block of chocolate (or a whole bar), chocolate has been the trusted warrior to fight off sweet cravings for as long as we have known. But how often have you had a savoury chocolate-y recipe? Chocolate isn't just dessert - this has been Chef Vanshika Bhatia's culinary motto. This World Chocolate Day, Vanshik ...Read More >
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