Private Equity Private Equity Fund Investments
Kitchen appliances maker Wonderchef in talks with Sixth Sense for fundraise
Celebrity chef Sanjeev Kapoor-promoted kitchen appliances maker Wonderchef is in talks with several institutional investors to raise a fresh round of funding at a valuation of INR 1000-1500 crore. The Mumbai-based firm is in talks with, among others, consumer-focused venture capital fund Sixth Sense and a few family offices of consumer goods firms. Strategic suitors such as TPG-backed RR Kabel Ltd have reportedly been in the fray to pick up a stake in Wonderchef Home Appliances Pvt Ltd.
From the Venture Intelligence PE-VC Deal Database: Between Jun-2015 and Jun-2018, Wonderchef had raised over USD 15 M from Capvent and Amicus Capital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)