SAIF Partners India backs Manpasand Beverages
SAIF Partners India has invested $10 million in Manpasand Beverages, a juice maker and distributor based in Vadodara. The deal is the latest in a string of private equity transactions in India’s food and agriculture space, The Economic Times reported.
Vishal Sood, a partner at SAIF, noted that the country's juice market is worth INR25 billion ($543 million) and growing at a fast pace. At the same time, rising interest rates have made it more difficult...
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