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iD Fresh Food May Raise INR 450 Cr at INR 2,000 Cr Valuation inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
iD Fresh Food launches idly, dosa batter factory Bengaluru-based iD Fresh Food has announced the launch of an 80,000-sqft idly and dosa batter manufacturing and packaging plant in Anekal, Karnataka. The company has made a Capex investment of close to Rs 40-crore to set up the facility. The company has made a Capex investment of close to Rs 40-crore to set up the facility The new plant will address the growing demand for its flagship batter in India. With this, the brand aims to strengthen its market share in the fresh foods segment. The company has witnessed a 5% and 38% growth in demand for its idly, dosa batter and parotas respectively since March 2020. PC Musthafa, co-founder and CEO, iD Fresh Food, said, this is one of the reasons behind setting up the new place, which would be the world’s largest idly batter factory. “The facility marks a key milestone in our journey, not just due to ....