Ahmedabad-based Snacks maker Chhajed Foods has raised Rs 30 crore ($4.67 million) from venture capital firm from GVFL Ltd..Krishnamurthy & Co advised Chhajed Foods team was led by Partner Sankar Narayan Swamy and Associate Partner Aparnaa Bhalotia..Shardul Amarchand Mangaldas advised GVFL with a team led by Partner Pankaj Agarwal..It will use the funds to expand its manufacturing capabilities and distribution reach. The company is setting up a new plant near Ahmedabad, reported VCCircle.
Ahmedabad-based Snacks maker Chhajed Foods has raised Rs 30 crore ($4.67 million) from venture capital firm from GVFL Ltd..Krishnamurthy & Co advised Chhajed Foods team was led by Partner Sankar Narayan Swamy and Associate Partner Aparnaa Bhalotia..Shardul Amarchand Mangaldas advised GVFL with a team led by Partner Pankaj Agarwal..It will use the funds to expand its manufacturing capabilities and distribution reach. The company is setting up a new plant near Ahmedabad, reported VCCircle.
