Overview

• Haldiram Snacks Food has finalized minority investments from International Holding Company (IHC), Alpha Wave Global, and Temasek, collectively acquiring approximately 16% of the company.
• The company is valued at $10 billion, reflecting its strong position in the Indian packaged food market and growing global demand for Indian cuisine.
• The investments will support Haldiram's global expansion strategy, with a focus on the US and Middle East markets, while enhancing its domestic operations in India.
• PwC and Khaitan & Co advised on the transactions, which align with the investors' strategy of backing dominant consumer brands with global potential.
• Haldiram, established in 1937, currently sells products in over 80 countries and has grown from a small sweets shop in Bikaner to a leading global brand.