CosmicTaco
CosmicTaco

CCI Greenlights KKR's Stake Acquisition in Rebel Foods

  • The Competition Commission of India approved KKR's proposal to acquire shares and CCPS in Rebel Foods through a secondary transaction.
  • KKR plans to buy shares worth $50-$75 Mn from existing investors at a valuation of $800-$860 Mn.
  • Rebel Foods recently raised $210 Mn in Series G funding, cutting its net loss by 42% in FY24.

Source: Inc42

Post image
6mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
Indian Startups
by MagicalHamsterInvestment Associate

General Catalyst looking to acquire an Indian VC and invest more in India!

This is super interesting. They had a small footprint in India so far, but the move indicates another big gun coming into India in a serious way. After many VC exits and shutdowns, this one is a breath of fresh air.

By any chance d...