GRM Overseas divests stake in Foodkraft to Sauce.vc to expand packaged foods market
GRM Overseas Ltd., a leader in the packaged foods industry, has announced a significant move by selling more than 3 percent stake in its subsidiary, GRM Foodkraft Pvt. Ltd. (“Foodkraft”), to Sauce.vc, a consumer-focused venture capital fund. This strategic partnership marks a pivotal step in GRM Overseas Ltd.’s expansion strategy in the domestic India-based foods […]