Ice cream brand NIC dials PE investors for a large cheque

Premium
Credit: Pexels

The maker of natural ice cream brand NIC is in early discussions with several mid-market private equity firms to raise ₹250-300 crore ($31.3-37.5 million), said two people aware of the matter. Pune-based Walko Food Co. Pvt. Ltd wants to use the fresh capital to drive its expansion plans, said the people ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.