Finance
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YellsyITC Snatches Yoga Bar's Parent Like a Chef Seizing Lamb
ITC just seized control of Sproutlife Foods, the genius behind Yoga Bar, effective April 1, 2026! With a 47.5% stake and board control, they're cooking up a storm in the health food sector. Revenue? A sizzling Rs 200 crore in FY25! No regulatory nonsense here, just a master plan to dominate the 'better-for-you' food game. Get ready, it's about to get deliciously competitive!
few days ago | MM Desk
Quick rundown
1.ITC Limited takes control of Yoga Bar's parent company.
2.Sproutlife Foods becomes a subsidiary of ITC effective April 2026.
3.ITC's acquisition aligns with its future-ready foods strategy.
4.Sproutlife's revenue soared to Rs 200 crore in FY25.
5.The acquisition marks ITC's deeper dive into health foods.
