Advent acquires minority stake in Iscon Balaji Foods
Published on: May 19, 2026, 12:21 p.m. | Source: The Economic Times
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 and bolster its manufacturing capabilities. Advent aims to accelerate the company's growth alongside its founder and management team.
