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24 Mantra Organic to target both retail and HoReCa with ready-to-cook product range
November 24, 2017 |by indiafood forum | Comments Off on 24 Mantra Organic to target both retail and HoReCa with ready-to-cook product range | FOOD & GROCERY | 24 Mantra OrganicSresta Natural Bioproducts, promoters of 24 Mantra Organic brand of organic products, which has added ready-to-cook convenience food solutions to their portfolio of products in recent years, will be targeting both retail and HoReCa market with a diverse range of convenience food products…READ MORE
KEEP READINGSequoia, CDC may seal Rs 680 crore deal for controlling stake in organic foods brand 24 Mantra
January 9, 2017 |by indiafood forum | Comments Off on Sequoia, CDC may seal Rs 680 crore deal for controlling stake in organic foods brand 24 Mantra | FOOD & GROCERY | 24 Mantra Organic, India Food Forum 2017Venture capital fund Sequoia Capital and UK government-owned CDC Group are close to picking up a controlling stake in the country’s largest organic food maker Sresta Natural Bioproducts, which sells the 24 Mantra brand, multiple people familiar with the matter said.The deal, which is in final stages, is expected to give Sequoia and CDC, who are bidding jointly, around 70-80% stake in the Hyderabad-based company for nearly $100 million or Rs 680 crore, sources said. A foreign strategic player is also in talks with Sresta, but TOI was not able to ascertain its name…READ MORE
KEEP READING24 Mantra Organic to reach 1 million households by 2020
August 29, 2016 |by indiafood forum | Comments Off on 24 Mantra Organic to reach 1 million households by 2020 | FOOD & GROCERY | 24 Mantra Organic, India Food Forum 2016The organic food company major 24 Mantra Organic plans to extend its reach to a million households through one lakh farmers with a total 5 lakh acres under cultivation by 2020…READ MORE
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