India Business News: Mumbai: Private equity (PE) investor Advent has bought a minority stake in Gujarat’s Iscon Balaji Foods (IBF) in a $150 million deal, the companies sa.

Iscon Balaji Foods raises $215 million in funding led by Advent International to enhance growth and processing capabilities.
Global private equity firm Advent International is injecting $150 million into Iscon Balaji Foods, a prominent Indian frozen potato product maker. This investment, part of a larger $215 million funding round, will fuel IBF's expansion into new global markets …