Bikaji Boosts Hazelnut Factory Stake to 49% with Rs 101 Crore Investment

• Bikaji Foods International Limited increased its stake in QSR brand Hazelnut Factory Food Products Private Limited to 48.99%.
• The company's retail arm, Bikaji Foods Retail Limited (BFRL), acquired an additional 8.59% stake in Hazelnut Factory.
• The latest investment of Rs 40 crore involved purchasing 5,086 equity shares, bringing Bikaji's total investment to Rs 101 crore.
• This move is part of Bikaji’s strategy to expand its QSR presence and broaden its portfolio through a “house-of-brands” approach.
• Hazelnut Factory, founded in 2019, operates in bakery, patisserie, desserts, and café segments, reporting Rs 54.31 crore revenue in FY2024–25.