ReferIndia News US private equity firm General Atlantic set to acquire 7% of Balaji Wafers for ₹2,500 crore

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US private equity firm General Atlantic set to acquire 7% of Balaji Wafers for ₹2,500 crore

Published on: Nov. 11, 2025, 6 a.m. | Source: The Economic Times

General Atlantic is close to acquiring a 7% stake in Balaji Wafers for ₹2,500 crore. This deal values the Gujarat-based snack maker at approximately ₹35,000 crore. Balaji Wafers founder Chandu Virani confirmed the negotiations are in the final stages. The company is a major player in the Indian salty snack market, ranking third nationally.

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