Monday, October 19, 2020

Juice brand Raw Pressery on the block; ITC, Paper Boat, among others evaluating buy-out

Raw Pressery had raised over Rs 200 crore in equity and debt from a clutch of funds including Alteria Capital, Sequoia Capital, Saama Capital and DSG Consumer Partners two years ago. But it is now facing headwinds as consumers in key urban markets downtrade and opt for cheaper juices, said one of the officials cited above.

from Tech-Economic Times
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