General Atlantic Acquires Stake in Gujarat-Based Balaji Wafers for Undisclosed Sum
Published on: Jan. 22, 2026, 11:05 a.m. | Source: scanx.trade
US private equity firm General Atlantic has acquired a stake in Gujarat-based Balaji Wafers for an undisclosed amount to strengthen corporate functions and accelerate innovation. The investment values the snacking brand between ₹38,000-40,000 crore according to earlier reports. Founded in 1981, Balaji has grown from a home-based enterprise to one of India's largest packaged snack brands, exporting to around 25 countries worldwide.
