Iscon Balaji Foods bags $215M Series A from Advent, 360 ONE to scale frozen potato play
Frozen potato products maker Iscon Balaji Foods is raising $215M in Series A, led by Advent International ($150M) with 360 ONE. Capital funds a new Gujarat plant and deeper QSR and food-service distribution over the next 6 months.
Frozen potato products maker Iscon Balaji Foods is raising $215 million in Series A funding led by Advent International ($150 million) with 360 ONE participating. Proceeds will fund a new Gujarat manufacturing facility and expansion across QSR and food-service channels.
Why this matters
Marks Iscon Balaji Foods' largest capital raise, with Advent anchoring at $150M to fuel a Gujarat plant build-out and deeper QSR supply push alongside 360 ONE's minority participation.
Retail-company activity steady at 601 signals over the trailing 90 days.
Also reported by
- The Hindu BusinessLine — 2h after first sighting