M&A M&A
UpScalio to acquire controlling stake in kitchen appliances brand Hestia
Source Inc42 (opens in a new tab)
NCR-based Thrasio-styled UpScalio has invested in Mumbai-based high-end kitchen appliances' startup Hestia. From cold-press juicers to vacuum blenders, Hestia has patented its products that are engineered to retain nutritional value in food. UpScalio plans to grow the brand to INR 50 Cr ARR over the next 2-3 years.