Facebook Pixel Biscuit maker Anmol restarts funding talks | Mint Mumbai - newspaper - इस कहानी को Magzter.com पर पढ़ें

कोशिश गोल्ड - मुक्त

Biscuit maker Anmol restarts funding talks

Mint Mumbai

|

November 12, 2025

The company plans to raise $150-200 million by selling a minority stake

- Priyamvada C & Sneha Shah

Biscuit maker Anmol restarts funding talks

Anmol Industries' FY24 revenue dipped to ₹1,524.9 crore, but is now targeting annual recurring revenue of ₹2,000 crore by 2025-26.

(MINT)

Kolkata-based Anmol Industries Ltd (AIL), which makes biscuits, cakes, cookies and rusks, has restarted discussions to sell a minority stake to raise $150-200 million, according to multiple people familiar with the matter.

The company has appointed PwC to help scout for investors, they said.

“The promoters will look to dilute about 20-25% stake in the company. The deal will value the overall asset at about $900 million to $1 billion, and the founders are planning to list the company in three to five years,” one of the people cited above said.

In the past, the company made several attempts to raise funds and even attempted a public listing, for which it received regulatory approval in 2018.

Mint Mumbai

यह कहानी Mint Mumbai के November 12, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Mint Mumbai से और कहानियाँ

Mint Mumbai

Mint Mumbai

Focus on energy stockpile as OMCs eye new sources

PSU refiners have 25 days worth of oil stocks, and another 25 days of fuel stocks

time to read

3 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

India notifies standards for cloud, data centre, ethical AI

The governance model is derived from internationally accepted ISO and IEC frameworks

time to read

2 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

Sebi overlap rules likely to push MFs to passive funds

Asset management companies (AMCs) may double down and innovate more on passive products following the revision of mutual fund categorization norms, offering investors a wider choice of investment options.

time to read

2 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

Gas regulator preps new storage plan as war blocks supplies

India's energy regulator is moving to plug a widening hole in the country’s gas supply chain as the conflict in West Asia threatens supplies of natural gas that is vital to power, fertiliser and city gas distribution networks.

time to read

3 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

Thirty years on, Pokémon is still a monster hit

The monsters are everywhere.

time to read

3 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

Accenture wins Estée Lauder biz in $100 million dent for Wipro

Wipro Ltd faces an annual dent up to $100 million, as American cosmetics brand Estée Lauder has shifted the Bengaluru tech services company’s share of work in a half-billion dollar, five-year deal to Accenture Plc.

time to read

3 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

Can bulls hold Nifty above 24,600 this time?

Stock market bulls have strenuously defended the Nifty's 24,600 level four times since July, raising hopes that it will hold even as the current storm passes.

time to read

3 mins

March 04, 2026

Mint Mumbai

Expats worried as conflict shatters Gulf’s safe image

In 2016, Pranav Doshi, then an executive with the Canadian consulate, decided to move 2,000 kilometres away from their home in Mumbai.

time to read

4 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

This year’s PF payout is good news for workers

The Employees’ Provident Fund Organisation has held its interest rate unchanged at 8.25% despite policy rate cuts over the year by the Reserve Bank of India. And for good reason too

time to read

2 mins

March 04, 2026

Mint Mumbai

Mint Mumbai

AI developers should shrug off intellectual property leakages

Anthropic’s complaint against three Chinese labs illustrates why

time to read

3 mins

March 04, 2026

Listen

Translate

Share

-
+

Change font size