Restaurant Franchise Opportunities

Acquisiton Apr, 17 2014

Lighthouse Funds buys stake in Bikaji Foods

Acquires 12.5 percent stake for Rs 90 crore.

By Franchise India Bureau
Lighthouse Funds buys stake in Bikaji Foods

Lighthouse Funds, a private equity firm has purchased a 12.5 percent stake in Bikaji Foods International for Rs 90 crore.

The Rajasthan based company will use the funds to expand its manufacturing and distribution network to markets outside North India entering the ready to eat food market.

Related: FSSAI draws lines for instant noodles manufacturers by drafting guidelines

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