Skip to content
Back to all stories
mint

From cigarettes to protein bars: ITC's ₹900 cr Yoga Bar bet as FMCG giant taps India's health-food boom

From cigarettes to protein bars: ITC's ₹900 cr Yoga Bar bet as FMCG giant taps India's health-food boom

·Excerpt
From cigarettes to protein bars: ITC's ₹900 cr Yoga Bar bet as FMCG giant taps India's health-food boom
Image: ITC goes beyond cigarettes with ₹900 crore Yoga Bar bet amid India's health-food boom (Images: Reuters, File photo)

ITC has completed its acquisition of Yoga Bar by buying the remaining 52.5% stake in its parent company, Sproutlife Foods, for about ₹645 crore. The move has taken ITC's cumulative investment in the health and nutrition brand to approximately ₹900 crore, including ₹255 crore invested in earlier tranches, according to IndMoney's calculation.

The acquisition comes as ITC, whose businesses include cigarettes, continues to expand its FMCG portfolio through newer consumer brands. In its FY26 results, ITC said its digital-first and…

Continue reading on mint ↗

Courtesy

This story was originally published by mint. All rights belong to the original publisher.

Read the original on livemint.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us