The development comes over two months after 360 One announced plan to invest $70 million in the company, that also exports potato products. The fresh capital will be used towards IBF’s next phase of growth, including significant capacity expansion, deepening of farmer-linked supply chains, upgrading processing and cold-chain infrastructure, launch of new value-added product lines, and expansion into additional international markets, the company said in a statement.
Global PE firm Advent International eyes 25% stake in potato-maker Iscon Balaji
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