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The Times of India

Business / The Times of India

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General Atlantic bets on Balaji Wafers, to buy minority stake

US private equity firm General Atlantic is acquiring a minority stake in Indian snack food maker Balaji Wafers for over Rs 2,000 crore. This investment values the Rajkot-based company at approximately Rs 35,000 crore. The deal aims to support Balaji Wafers' expansion, innovation, and professional team development as it targets an IPO in five years.

23 Jan 2026 12:43 am