Digital
Online gaming in India is among the world’s most vibrant, says MoS I&B Dr L Murugan at Storyboard18 DES 2025
Tata Consumer Products Limited (TCPL) is all set to acquire Capital Foods, the maker of condiments, food products, and ingredients under Ching’s Secret, and Smith & Jones Brand. This is followed by TCPL also acquiring FabIndia backed Organic India, maker of organic teas and health products.
The formal announcement, which is likely to happen next week, will pave the way for the company to access products that have a wider taste profile. This will be followed by entering new markets, broadening the portfolio with organic items that would appeal to consumers seeking healthier options, states a media report.
TCPL will acquire 75 percent of Capital Foods from investors like Invus Group, a European family office and investment arm, then General Atlantic, a US private equity group which owns 35 percent thus valuing the company at Rs 5100 crore.
Ajay Gupta, who is the founder of Capital Foods, and a former advertising veteran will retain 25 percent stake for now. But, reports suggest that Tatas will buy him out too in future.
TCPL will be buying a controlling stake in Organic India for Rs 1800 crore from FabIndia. FabIndia, which is backed by Premji Invest and Lighthouse Capital, owns 40 percent stake in Organic India.
The Storyboard18 Digital Entertainment Summit (DES) unpacked India's strategy for leading the digital entertainment economy, with top policymakers where they putlined how talent, technology, and governance would fuel future-ready growth.
Read MoreAt the Storyboard18 Digital Entertainment Summit in New Delhi, policymakers and industry leaders outlined how talent, technology, and governance will drive India’s push to dominate the global entertainment economy.