How artisanal sweets brand Hazelnut Factory was valued as it attracts strategic buyer

Hazelnut Factory Food Products Pvt Ltd, a five-year-old artisanal sweets and snacks brand from India’s hinterland, has attracted a large retail snacks company as a majority investor as deal activity in the segment picks up ahead of the festive season.  Lucknow, Uttar Pradesh-based Hazelnut Factory, which was incorporated in December 2019, ......