In India, Alpha Wave Global ( previously Falcon Edge Capital) has bet on firms like Swiggy, Lenskart, Dream 11, Chaayos, Biryani by Kilo , Ola and Policy Bazaar.
Blackstone and Alpha Wave Capital are the other suitors who have earlier expressed interest in the transaction
Talks are advanced and the parties are looking to reach an agreement as soon as the coming weeks, the people said, adding that other bidders remain interested in potentially buying a stake.
The sale of majority stake in Haldiram’s would mean that yet another Indian bred business is perhaps prematurely hugging foreign money that could change the way it approaches business
On September 6, reports suggested that Tata Consumer Products was in talks to buy a 51 percent stake in Haldiram’s but was not comfortable with the $10 billion valuation that Haldiram’s had sought. Both companies have since denied being in talks.
Tata Consumer, however, clarified to the exchanges that it is not negotiating with Haldiram's as claimed in the Reuters report.
Ashneer Grover said, "Such clarity and passion for food - no wonder they are the biggest brand in food business."
With a growing interest among domestic and global investors, the early-stage startup fund has decided to expand the corpus to Rs 500 crore from Rs 300 crore.
Though the snack maker filed a complaint to the cyber cell on July 17, the FIR was lodged on October 14
Private equity firm TA Associates is also reportedly mulling buying a stake in Haldiram's.
Private players such as Bikanerwala or Haldiram look set to dethrone the IRCTC, which means that the food options available to Parliamentarians in the future may be strictly vegetarian.
Officials claimed that the service has been doing well in the Western zone, specially Maharashtra, due to a wide base of vendors and higher purchasing capacity of passengers.
The food regulator FSSAI has already convinced brands like Haldirams, Mother Dairy's Safal and Starbucks to come on board for a pilot project that certifies the hygiene standards and quality of food at outlets.