Cart

Azim Premji buys $25 million stake in ready-to-cook food company

India Food Forum - 2023 > FOOD SERVICE > Azim Premji buys $25 million stake in ready-to-cook food company

Azim Premji buys $25 million stake in ready-to-cook food company

January 18, 2017 | indiafood forum | FOOD SERVICE

Premji Invest, the investment arm of Wipro billionaire Azim Premji, has infused $25 million (Rs 170 crore) into Bengaluru-based food company ID Fresh Foods that has popularised ready-to-cook products, including idly and dosa batter, chapatis and Malabar parotas. Premji Invest has acquired a 25 per cent stake in the company , valuing it at over $100 million…READ MORE