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Zappfresh To Acquire Majority Stake In Avyom Foodtech

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SUMMARY

Zappfresh board approved to buy 51% stake in Avyom Foodtech with a capital infusion of INR 7.5 Cr via private placement

As part of this deal, the proposed subsidiary has entered into a binding agreement with Ambrozia Frozen Foods via a slump sale

Prior to this, the company acquired Mumbai-based online meat and seafood delivery brand Bonsaro and Sukos Foods operated brand Dr Meat

Delhi NCR-based meat delivery startup Zappfresh’s board has approved the acquisition of a…

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