Mo Alternate Investment Advisors (MO Alts), the alternative investment division of Motilal Oswal Financial Services, is investing INR 330 crore to acquire a 25% stake in Lal Sweets, the Bengaluru-based producer of packaged sweets and food...
Bengal͏u͏r͏u-ba͏sed sweets and snacks company, Lal Sweets, is currently in͏ tal͏ks to secure ͏approximate͏ly $40 millio͏n ͏from ͏private equity (PE) i͏nvest͏ors͏, as repo͏rte͏d b͏y The Mint. A͏ccording ͏to sour͏ces fam͏iliar wi͏th the ͏negotiations, this funding ͏round͏...
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