Apax Funds Fuels iD Fresh Food's ₹1,100 Cr Revenue & FY27 IPO Dream

• Global private equity firm Apax Funds made its first India consumer brand investment in iD Fresh Food, acquiring a significant minority stake.
• iD Fresh Food targets ₹1,100 crore global revenue next fiscal year and plans an IPO in October 2027 after delivering FY27 numbers.
• Chairman PC Musthafa highlighted Apax's belief in clean-label food and potential for international expansion, strengthening iD's public market journey.
• The Bengaluru-based company, known for idli-dosa batter, holds 50-60% market share, operates in 200+ cities, and focuses on expanding the fresh food category.
• iD's competitive edge lies in its daily direct-to-retailer cold-chain distribution model, enabling profitable growth in low shelf-life products.

Why It Matters: Apax's investment propels iD Fresh Food towards ₹1,100 Cr revenue and a strategic FY27 IPO.