How was Bengaluru-based sweets maker valued in PE deal with MO Alts?
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How was Bengaluru-based sweets maker valued in PE deal with MO Alts?

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How was Bengaluru-based sweets maker valued in PE deal with MO Alts?
Credit: 123RF.com

Motilal Oswal Alternates (MO Alts), the private equity arm of Motilal Oswal Financial Services Ltd, has bought a stake in a Bengaluru-based sweets maker, as deal activity in the niche food retailing segment picks up pace.  The alternative investment firm has acquired a significant minority stake in Lal Sweets Pvt Ltd ......

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