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

January 18, 2017 |by indiafood forum | Comments Off on Azim Premji buys $25 million stake in ready-to-cook food company | 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

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