Mumbai: US-based private equity firm General Atlantic has acquired a stake in snacking brand Balaji Wafers, the companies said in a statement on Thursday. Broadly, the last year has seen similar moves in companies, including Haldiram, Iscon Balaji, Theobroma and VIP Industries. “General Atlantic’s deep understanding of consumer businesses, track record of working with founder families and long-term approach to value creation, align well with our vision for Balaji Wafers,” said Chandubhai Virani, founder & chairman at Balaji Wafers. Ltd acted as the exclusive advisor to Balaji Wafers. Meanwhile, General Atlantic manages about $118 billion in assets under management as of September 2025 across a diversified investment platform spanning growth equity, credit, climate, and sustainable infrastructure strategies.

Source: Mint January 22, 2026 05:52 UTC