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Business Line
GRM Overseas picks up 44% stake in Rage Coffee’s parent company
The company said this acquisition aligns with its broader strategy under its newly launched platform, 10X Ventures, which aims to invest ₹200 crore in digital-first, new-age D2C brand
The Economic Times
GRM Overseas acquires 44% stake in Rage Coffee
GRM Overseas Limited has acquired a 44% stake in Rage Coffee through a combination of primary infusion and secondary buyouts. This strategic move aims to expand GRM's presence in the fast-growing Indian coffee market. The acquisition aligns with GRM's broader strategy to invest in digital-first, new-age D2C brands under its 10X Ventures platform.
Mint
GRM Overseas share price: Why is FMCG stock skyrocketing today?
GRM Overseas share price: Experts believe that the exports association writing GoI to reduce MEP on Basmati Rice export is the reason for the sudden rise in FMNCG stock price
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Mon, Aug 26, 2024
