Haldiram partners with Temasek, expanding global reach with 10% stake acquisition at USD 10 billion valuation.

Haldiram, the leading packaged snacks company in India, has recently joined forces with Singapore’s Temasek investment firm in a significant move. Under the agreement, Temasek will secure a 10% equity share in Haldiram at a valuation of USD 10 billion. This strategic partnership, facilitated by PwC, is geared towards bolstering Haldiram’s presence on the global stage. By tapping into Temasek’s expertise and resources, Haldiram aims to strengthen its position in the fiercely competitive international snacks market.

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