The co-founders of Yoga Bar claimed, in January, that this move will add to the competitive advantage of the Bengaluru-based start-up and take it to an annual run rate of over Rs 100 crore
Company to acquire 100 per cent stake in Sproutlife Foods Private Ltd , a start-up that manufactures and sells products under the Yoga Bar brand, in multiple phases over the next 3-4 years
ITC is fortifying its presence in the Rs. 45,000 crores, fast growing, nutrition-led healthy foods space, with a proposed strategic investment in M/s. Sproutlife Foods Pvt Ltd, a D2C StartUp with brand Yoga Bar .
Best Media Info: According to ITC, this acquisition is in line with the strategy to augment the company's future-ready portfolio, the proposed acquisition will strengthen and expand its reach with innovative food prod| Marketing News