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Marico buys majority stake in breakfast and snacks brand True Elements

Mumbai: Marico Limited has announced a strategic investment in HW Wellness Solutions Private Limited with an acquisition of a 54 per cent equity stake through primary infusion and secondary buyouts. Co-founded by Puru Gupta and Sreejith Moolayil, HW Wellness Solutions Private Limited owns True Elements, a clean label, digital-first brand playing in the rapidly growing healthy ....

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Marico acquires True Elements | Marketing

Gains 54% stake in the brand's parent company, HW Wellness Solutions ....

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