Tilaknagar Industries invests additional Rs 2 cr in Bartisans
Mumbai, June 27 -- Tilaknagar Industries (TI) has made a follow-on investment of Rs 2 crore in Round The Cocktails, makers of ready-to-pour cocktail and mocktail mixers under the brand name Bartisans. With this investment, TI's stake in Bartisans will increase from 36.17 per cent to 41.45 per cent on a fully diluted basis. The Rs 2 crore investment is a primary infusion and the capital will be utilized to accelerate Bartisans' growth initiatives, bolster its quick commerce presence and support the launch of new single-serve packaging.
Published by HT Digital Content Services with permission from Capital Market....
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