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Advent in talks to acquire 25% stake in potato snack maker Iscon Balaji
Mint New Delhi
|March 30, 2026
Ment on the issue, while Iscon Balaji did not respond to Mint's queries till the time of publishing.
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IBF is among the top 10 potato processors globally.
(ISTOCKPHOTO)
The development comes over two months after 360 One announced plan to invest $70 million in the company, which also exports potato products.
IBF will use the fresh capital on its next phase of growth, which will include capacity expansion, deepening of farmer-linked supply chains, upgrading processing and cold-chain infrastructure, launch of new value-added product lines, and expansion into additional international markets, the company said in a statement in January.
The company said it benefits from India’s agronomic advantages, cost leadership and proprietary strengths in seeds, research and development and long-term customer relationships that position it to become a globally scaled food processing platform.
This story is from the March 30, 2026 edition of Mint New Delhi.
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