Investment firm A91 Partners supports healthy snack company Happilo in their quest for additional capital
In the ever-evolving world of business, Happilo International Pvt. Ltd, a prominent player in the healthy snack market, has announced its intention to secure fresh funding. This move comes after a gap of two years, signalling the company's ambition for growth and expansion in the industry.
Happilo International Pvt. Ltd, founded in 2016, has already garnered the support of notable investors, including private equity firm Motilal Oswal Alternates and growth-stage investment firm A91 Partners. However, the exact amount of funding the company is seeking in this new round has not been disclosed.
The decision to raise fresh capital indicates Happilo's determination to continue scaling its business within the healthy snack segment, leveraging the investor confidence it has earned from its partnerships with Motilal Oswal Alternates and A91 Partners.
It is worth noting that this development comes at a time when other local businesses, such as potato flakes and frozen food maker Iscon Balaji Foods, are also attracting interest from private equity firms. Similarly, auto components firm Padmini VNA is attracting interest from both local and foreign PE funds.
While the specifics of Happilo International Pvt. Ltd's funding round and future plans remain undisclosed, the company's founder, Vikas Nahar, holds an unspecified position at the company.
In other news, IKF Finance's Vasumathi Devi recently discussed the company's IPO plans, asset quality, expansion goals, and more in a recommended article.
As we await further details about Happilo International Pvt. Ltd's funding round and future plans, it is clear that the company is poised for continued growth and success in the healthy snack industry.
[1] Information sourced from unnamed sources aware of the development.
Happilo International Pvt. Ltd, in pursuit of its growth and expansion in the healthy snack market, is planning to invest the fresh capital they seek from undisclosed investors. This strategic move is expected to help them scale their business further, capitalizing on the investor confidence earned from partners like Motilal Oswal Alternates and A91 Partners.
As IKF Finance's Vasumathi Devi recently discussed the company's IPO plans, it appears that both Happilo and IKF Finance are exploring avenues for growth and investment in the finance and business sectors.
