Wipro Consumer Care And Lighting To Acquire Spice Brand Brahmins

Listen to This Article

Wipro Consumer Care and Lighting has signed a definitive agreement to acquire Brahmins, Kerala based traditional vegetarian, spice mix and ready-to-cook brand for an undisclosed amount, it said in a release.

This acquisition comes on the back of  its recent acquisition of Nirapara, as it looks at becoming a sizable player in the packaged foods segment. 



To expand and further consolidate its spices, breakfast and ready-to-cook category. 

Established in 1987, Brahmins has a range of ethnic breakfast pre-mix powders, spice mixes, straight powders (spices), wheat products such as - pickles, dessert mixes, and others. 



Brahmins premium flagship products are Sambar Powder, and Puttu Podi which enjoy market leadership position. 

Commenting on the acquisition, Vineet Agrawal, CEO of Wipro Consumer Care and Lighting and managing director, Wipro Enterprises, said, “We entered the food category with our first acquisition of Nirapara and within six months, we are happy to share our latest acquisition of Brahmins. In Kerala, Brahmins is a strong heritage brand leading the spice and ready- to-cook category with a significant consumer recall. We intend to make this, our 14th acquisition, as successful as our previous ones”

RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more