date:Dec 03, 2013
, financial and strategic investors have been looking at opportunities to foray into the Indian packaged food segment.
Last week, snack maker Bikaji Foods was reportedly in talks with several private equity groups over a possible minority stake sale in a bid to raise INR1.5bn.
Earlier this year, Balaji Wafers was said to be in talks to sell a majority stake to food firms Pepsico, Mondelez, ITC and Britannia.