Shariq Ashraf

"There is so much to celebrate with Haldiram's". 😋🍪 Haldiram's, one of India's iconic snack brands, has been the focus of significant investor interest recently. The company's promoters initially considered selling a majority 51% stake, valuing the business between $8 to $10 billion. However, the latest reports suggest a revision in plans, with the promoters now looking to offload a smaller 10-15% stake. This shift has attracted several global investors, including Singapore's state-owned investment firm Temasek, which is in talks to acquire this minority stake at a valuation of approximately $11 billion. 😉 Temasek’s potential investment could be a precursor to an eventual Initial Public Offering (IPO) for Haldiram's. The company has been a prime target for both private equity firms like Blackstone and Bain Capital and sovereign wealth funds, drawn by its strong growth in India’s expanding snack market. Haldiram's 10-15% Stake to Investors can be several impactful outcomes: Capital Infusion: 😉 The stake sale will bring in significant capital, which can be used for expansion, research and development, and marketing efforts. Global Reach: 😉 With the backing of top global investors like Temasek Holdings, Blackstone, and Bain Capital, Haldiram's can accelerate its plans to expand internationally and enter new markets. Valuation Boost: 😉 The involvement of prestigious investors can enhance Haldiram's brand value and market perception, potentially leading to a higher valuation. IPO Prospects: 😉 The stake sale could pave the way for an initial public offering (IPO), providing an opportunity for further capital raising and public investment. Strategic Expertise: 😉 Investors like Temasek and Blackstone bring in valuable expertise and networks that can help Haldiram's in strategic decision- making and operational efficiencies. Overall, this move can significantly boost Haldiram's growth trajectory and solidify its position as a leading player in the global snacks market. What do you think about this potential impact?

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The Indian beverage market is abuzz with Coca-Cola's latest move toward an asset-light approach for its bottling operations. In a high-profile negotiation, the Bhartia family of Jubilant Bhartia Group, alongside Goldman Sachs, is poised to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB). This partnership marks a significant step in the evolving landscape of India’s beverage sector, with implications for Coca-Cola’s strategic vision in one of its fastest-growing markets. The deal, valued at approximately Rs 12,500 crore ($1.5 billion), is structured as a partnership, with both the Bhartia family and Goldman Sachs funding the purchase through a Special Purpose Vehicle (SPV). Goldman Sachs, using its alternatives unit, is reportedly investing via a structured instrument with a targeted return of 20% IRR. Meanwhile, the Bhartia family is looking to raise substantial financing through mutual funds and banks to support their part of the stake acquisition. The deal is expected to leverage convertible preference shares, with conversion likely timed around an anticipated HCCB IPO in the next 2-3 years. By structuring this investment as a convertible instrument, Goldman Sachs secures a flexible position that can provide lucrative returns if the company goes public, while also providing a clear exit strategy. For the Bhartias, the acquisition represents an opportunity to broaden their portfolio beyond Jubilant’s current ventures in food services and pharmaceuticals. With Coca-Cola selling off its direct bottling operations, the market is witnessing a transition similar to PepsiCo's model, which outsourced bottling to Varun Beverages. This move not only reduces operational risks for Coca-Cola but also positions HCCB for a strong valuation in its anticipated IPO. The sale allows for price discovery and capital generation, potentially paving the way for Coca-Cola to strengthen its brand reach through a leaner, franchise-led structure. The Bhartia family and Goldman Sachs’ stake acquisition in HCCB could reshape Coca-Cola's presence in India and bolster the Bhartias’ influence in the beverage market. For investors, this partnership and the expected HCCB IPO signal an evolving opportunity as India's beverage sector continues to expand with rising disposable incomes and growing consumer demand.

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📦🚚 PAG has bought majority stake in Pravesha Industries for $200 million - This is PAG's second investment in India’s packaging sector in two months, post the deal with Manjushree Technopack.

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Proost Beer (Grano69 Beverages), the Delhi-based craft beer startup co-founded by Tarun Bhargava and Vijay P. Sharma, has successfully raised Rs 30 crore in its ongoing Series A funding round. Co-led by Chimes Group and Srinivasan Namala, the round also saw participation from Hyderabad Angels, The Chennai Angels, and other HNIs. The company plans to use the funds to strengthen its supply chain, expand into new markets, and enhance its product portfolio. Known for its premium quality, low-bitter beers, Proost aims to capture a 5% share of the Indian beer market by 2030. The brand competes with major players like Bira 91 and Simba. #Proost #CraftBeer #SeriesAFunding #StartupGrowth #BeerInnovation #ChimesGroup #SrinivasanNamala #StartupFunding #IndianStartups #BeerIndustry #PremiumBeer #MarketExpansion #Startup77

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AZB & Partners is representing Bharti Enterprises in connection with Agro Tech Foods Limited proposed acquisition of Delmonte Foods, a joint venture between Bharti Enterprises and Del Monte Pacific, through an INR 1,300-crore share swap transaction. The transaction team at AZB & Partners is led by Senior Partner Anil Kasturi and Partner Ashish Pareek, with support from Senior Associates Kaushal Prabhat and Kanika Jaggi, and Associates Mohit Sharma and Sheetal Aery. In addition, the Competition Commission of India (CCI) team is guided by Partner Hemangini Dadwal, supported by Senior Associate Chandni Anand and Associates Ileina Srivastav and Ojasvi Mishra. Read more: https://lnkd.in/eHKFXa3Q #thecourtroom #deals #announcement #lawfirmupdates #acquisition

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𝙐𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙉𝙤𝙣-𝘾𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙫𝙚 𝘾𝙡𝙖𝙪𝙨𝙚𝙨 𝙖𝙣𝙙 𝙩𝙝𝙚 𝙃𝙤𝙘𝙘𝙤 𝙄𝙘𝙚 𝘾𝙧𝙚𝙖𝙢 𝙋𝙞𝙫𝙤𝙩 A non-competitive clause in business deals prevents sellers from starting or engaging in competing ventures for a specified period. This was the case when the Chona family sold Havmor Ice Cream to Lotte for INR 1,020 crore in 2017, including a non-competitive clause. After this period, the Chonas saw a significant opportunity in the new-age ice cream market. They pivoted their brand, Hocco , from serving Indian recipes in QSR restaurants to a thriving ice cream brand. This decision was driven by several factors: Market Potential: They recognized the growing demand for innovative ice cream products. Expertise: They already had extensive experience in the ice cream business. Goodwill: They had strong relationships with distributors and a positive reputation in the Indian market. Emerging Quick Commerce: The rise of quick commerce platforms provided a perfect boost for launching a new-age ice cream brand like Hocco. They secured a Rs 100 crore investment from Sauce.vc VC and other angel investors, successfully re-entering the ice cream market with renewed focus and innovation. Non-competitive clauses provide breathing room for Ankit Chona to plan their next move strategically without immediate competition. For Hocco, it meant transforming and relaunching as an ice cream brand, demonstrating the strategic benefits of such agreements. #StartupStrategy #NonCompetitiveClauses #Havmor #HoccoIceCream #Entrepreneurship #BusinessGrowth #Investment

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An insightful report delving into India's economy and consumption trends. It is a must-read for all entrepreneurs operating in the Indian consumer products sector. #India #Economy #ConsumerProducts #Entrepreneurs

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Decoding India's SAAS startup Ecosystem and Market Opportunity by 2030 India's SaaS ecosystem is a thriving environment for software as a service (SaaS) companies to grow and develop #startup #indianeconomy #vc #packaging #aluminum #foil #flexiblepackaging #sustainability #capex #growth #economy

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Temasek, a Singapore-based global investment firm, is set to acquire a minority stake in Haldiram Snacks Foods Private Ltd after over 18 months of negotiations, according to a Moneycontrol report. The Delhi and Nagpur families of Haldiram Snacks have finalized a term sheet with Temasek following binding bid submissions, marking a significant step in the deal process. This pre-IPO deal values Haldiram Snacks at $10-$11 billion, with Temasek eyeing less than 10% equity. Haldiram Snacks Pvt.Ltd.

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JSA, IndusLaw, AZB & Partners acts on acquisition of Del Monte Foods, Inc. by Agro Tech Foods JSA: Shivpriya Nanda, Zain Pandit, Nancy Neekhra, HARSHITA KAPOOR, Treya Gupta, Ananya Mathew, Vibhu Krishnatm Choubey, Vaibhav Choukse, Ela Bali, Nripi Jolly and Kumarmanglam Vijay. IndusLaw: Minhaz Lokhandwala, Riya Gupta, Nishi Bharatiya, Spandan Saxena, Riddhi Upadhyay, Mansi Avashia, Atishay Jain, Ayush Mehta, Jacob Abraham, Saket Mishra, Unnati Agrawal, Nikita Agarwal, Swapnil Singh Shekhawat, Hrishav Kumar Singh, Ruhi Jain and CS Adarsh Joshi AZB & Partners represented Del Monte shareholder. Read more here: https://lnkd.in/daJY6aKY #BarandBench #Dealstreet #LawFirms #Lawfirm

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Per Capita consumption still very low vis a vis global numbers. if we get any closer to one of the developed markets/countries, this will atleast be 2.25X from here

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Suhail Sameer, Founder of OTP Ventures and former CEO of BharatPe, shares how a conversation with Mr. Sanjeev Goenka led to launching an FMCG business, acquiring companies, and starting a fund. Catch his full story and the lessons he learned in our full episode. YouTube Link: https://lnkd.in/gJK8dqhC #podcast #business #entrepreneurship #suhailsameer #venturecapital

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GTM with Girish ⏩ #11 New Product Development in the CPG industry If there is one thing that we have learnt in the last 2 decades about consumer preferences; it's that they are constantly evolving. The modern generations get bored real quick and are spoilt for choices. This leaves no choice for brands but to constantly innovate and experiment. There are several factors that can make or break a new product in the market like timing, competitor reaction, category trend and much more. But in this edition, I want to emphasize on increasing your chances to get a new product launch successful. Following the right approach increases the probability of a positive consumer outlook. Using the Nigerian FMCG market as the reference point, here is how to approach new product development: 1. Market Research: Understand consumer needs, preferences, and market trends to identify potential opportunities. Primary research conducted in various sub-markets tell you the various local taste preferences that can be flirted with as an existing brand. For example - East Nigeria has high consumption of Crayfish, whereas the North is inclined towards beef, suya. 2. Product Development: Iterate, reiterate and create ‘the’ product that addresses identified market needs and aligns with your brand strategy. Brand, Product and Regulatory teams need to work in tandem to get the desired output. 3. Testing and Validation: You probably will have 2-3 different versions basis different formulations and need to find the winner. Conduct AB product testing’s to understand the version which is set to go head-to-head against the best alternate in market. This is a crucial litmus test of the quality, functionality, and appeal to the target audience. 4. Brand Positioning: Develop a clear positioning strategy that differentiates the product from competitors and resonates with the target market. It can be a new flavour, it can be competitive pricing, or it can be new communication basis TG insight. But it 100% needs a competitive advantage. 5. GTM Strategy: Create a comprehensive marketing plan including pricing, distribution, promotion, and advertising strategies. I personally believe you should pilot the product in a limited environment to monitor and learn closely about trade and consumer reactions and make necessary adjustments. 6. Launch Execution: Execute the launch plan, including product distribution, advertising campaigns, and promotional activities. Some early metrics that need to be closely monitored first few months are Distributor Reorders, Redistribution Reorders, Social Media Reactions, BTL activity feedback. Launching a new product in the Nigerian FMCG market requires a deep understanding of local market dynamics, consumer behaviour, and regulatory environment. Leveraging strategic insights via cross-functional coordination, businesses can position their products for success in Nigeria's dynamic and fast-growing FMCG market. #consumer #fmcg #nigeria #npd

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Mango Madness: A Refreshing Duo #BIGOBASKET BEST 1 TOP 1 NEAR YOU #SALESACHIN Summer is here, and what better way to beat the heat than with a refreshing and delicious treat? Today, we're spotlighting two of Pune's most beloved products: Mother Dairy Classic Dahi and Frooti Mango Juicy Drink. These market bestsellers are not only affordable but also offer a unique combination of flavors and health benefits. Mother Dairy Classic Dahi: A Creamy Delight At just ₹10 for 80 grams, Mother Dairy Classic Dahi is a budget-friendly option that doesn't compromise on taste or quality. This creamy and tangy curd is a staple in Indian households, and for good reason. It is packed with essential nutrients like calcium, protein, and probiotics, making it a healthy addition to your diet. Frooti Mango Juicy Drink: A Tropical Escape Frooti, with its iconic mango flavor, is a refreshing and thirst-quenching drink that has captured the hearts of millions. Priced at only ₹5 for 65 ml, it's an affordable indulgence that's perfect for hot summer days. A Perfect Pair: Mango Yoghurt Combining the creamy goodness of Mother Dairy Classic Dahi with the sweet, tropical flavor of Frooti Mango Juicy Drink, you can create a delicious and healthy mango yoghurt. This refreshing dessert is easy to make and can be enjoyed by people of all ages. Recipe Ingredients * 1 cup Mother Dairy Classic Dahi * 1/4 cup Frooti Mango Juicy Drink * Honey (to taste) * Almonds or chopped mangoes (for garnish) Instructions In a bowl, combine the Mother Dairy Classic Dahi and Frooti Mango Juicy Drink. Stir until well combined. Add honey to taste. Garnish with almonds or chopped mangoes. Serve chilled. Mango Lassi: Another Refreshing Option If you're looking for a more traditional Indian drink, a mango lassi is a great option. This creamy and frothy beverage is made with yogurt, milk, mango pulp, and spices. You can use Mother Dairy Classic Dahi as the base for your mango lassi. #PUNEPANDA #AajKuchToofanifoodi #MotherDairyDahi #FrootiMango #MangoYoghurt #MangoLassi #HealthyLiving #SummerTreats Share your own mango yoghurt or mango lassi recipes in the comments section below. Let's create a community of food lovers and share our culinary creations together! What about #AMULPREMIUMDAHI GOLD CURD New product New higher MRP Check out try BIGOBASKET UNIVERSITY SALES SALESACHIN

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Mango Madness: A Refreshing Duo #BIGOBASKET BEST 1 TOP 1 NEAR YOU #SALESACHIN Summer is here, and what better way to beat the heat than with a refreshing and delicious treat? Today, we're spotlighting two of Pune's most beloved products: Mother Dairy Classic Dahi and Frooti Mango Juicy Drink. These market bestsellers are not only affordable but also offer a unique combination of flavors and health benefits. Mother Dairy Classic Dahi: A Creamy Delight At just ₹10 for 80 grams, Mother Dairy Classic Dahi is a budget-friendly option that doesn't compromise on taste or quality. This creamy and tangy curd is a staple in Indian households, and for good reason. It is packed with essential nutrients like calcium, protein, and probiotics, making it a healthy addition to your diet. Frooti Mango Juicy Drink: A Tropical Escape Frooti, with its iconic mango flavor, is a refreshing and thirst-quenching drink that has captured the hearts of millions. Priced at only ₹5 for 65 ml, it's an affordable indulgence that's perfect for hot summer days. A Perfect Pair: Mango Yoghurt Combining the creamy goodness of Mother Dairy Classic Dahi with the sweet, tropical flavor of Frooti Mango Juicy Drink, you can create a delicious and healthy mango yoghurt. This refreshing dessert is easy to make and can be enjoyed by people of all ages. Recipe Ingredients * 1 cup Mother Dairy Classic Dahi * 1/4 cup Frooti Mango Juicy Drink * Honey (to taste) * Almonds or chopped mangoes (for garnish) Instructions In a bowl, combine the Mother Dairy Classic Dahi and Frooti Mango Juicy Drink. Stir until well combined. Add honey to taste. Garnish with almonds or chopped mangoes. Serve chilled. Mango Lassi: Another Refreshing Option If you're looking for a more traditional Indian drink, a mango lassi is a great option. This creamy and frothy beverage is made with yogurt, milk, mango pulp, and spices. You can use Mother Dairy Classic Dahi as the base for your mango lassi. #PUNEPANDA #AajKuchToofanifoodi #MotherDairyDahi #FrootiMango #MangoYoghurt #MangoLassi #HealthyLiving #SummerTreats Share your own mango yoghurt or mango lassi recipes in the comments section below. Let's create a community of food lovers and share our culinary creations together! What about #AMULPREMIUMDAHI GOLD CURD New product New higher MRP Check out try BIGOBASKET UNIVERSITY SALES SALESACHIN

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"Can Quick Commerce provide an opportunity for the rise of healthy cooked food brands? 10-minute food delivery has redefined convenience in India, but at what cost? The race for speed often compromises food quality, freshness, and nutrition. As we increasingly prioritize “quick,” are we forgetting “good”? This presents a golden opportunity for healthy, cooked food brands to disrupt the market—not by delivering faster, but by delivering better. → Consumers are craving trust. A growing segment values wholesome, thoughtfully-prepared meals over lightning-fast options. → Healthy food = long-term loyalty. Brands that prioritize nutrition and taste can tap into India’s rising health-conscious demographic. Imagine a service that doesn’t just save time but adds value to your plate. The question isn’t how fast you can deliver—it’s how good your food really is. Would you choose quality over speed?"

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