CCI approves the acquisition of certain stake of Haldiram Snacks Food Pvt. Ltd. by Alpha Global
CCI has approved the acquisition of less than 10% equity in Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP. This follows Haldiram’s March 2025 announcement of selling stakes to Alpha Wave Global and International Holding Company (IHC), after Temasek’s 10% stake acquisition. Valued at $10 billion, Haldiram, a leading Indian snack brand, aims to expand globally, particularly in the US and Middle East. The deal, part of a 15% promoter dilution, reflects strong private equity interest in India’s packaged food sector.