Lal Sweets looks to raise $40 mn from PE investors at $175 mn valuation
Bengaluru/Mumbai: Bengaluru-based Lal Sweets is in talks to raise about $40 million from private equity investors. The potential deal values the company at $150-175 million, according to three people with knowledge of the matter. The company, which sells sweets, cookies and savories, has received a term sheet from the private equity arm of Motilal Oswal … Read more