Thursday, 8 October 2026
Venture Intelligence News

M&A M&A

ITC acquires residual stake in YogaBar maker for Rs.645-Cr

Source Business Line (opens in a new tab)BSE Announcement (opens in a new tab)

Listed conglomerate ITC has acquired the remaining 52.5% stake in Bengaluru-based Sproutlife Foods, the manufacturer of Yoga Bar products, for approximately INR 645-Cr.Sproutlife Foods offers a product range that includes bars, muesli, oats, and various protein-based products, including recent launches in the plant protein powder segment. As of March 31, 2026, ITC held a 47.5% stake in the firm with a cumulative investment of INR 255-Cr.

Company website ↗ (opens in a new tab)

For FY25, Yoga Bar had reported about INR 200 Cr in Operating Income and about INR 69 Cr in Net Loss.