Haldiram’s sells stakes to IHC and Alpha Wave Global for global expansion, targeting US and Middle East markets.

Haldiram’s, a leading Indian snack company, has recently announced the sale of stakes to International Holding Company (IHC) and Alpha Wave Global as part of its global expansion strategy. The company is eyeing the US and Middle Eastern markets for growth opportunities. This strategic investment is part of an equity round that values Haldiram’s at approximately USD 10 billion. The move is intended to strengthen the brand’s presence in international markets and enhance its product offerings to cater to a global audience. With this significant investment, Haldiram’s is poised to further establish itself as a key player in the global snack industry.

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