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Heritage Foods Acquires Majority Stake In Get-A-Way

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SUMMARY

The listed dairy company has bought the stake from existing backer Biryani By Kilo, which acquired a majority stake in the healthy dessert startup in 2022 for $2 Mn

While the remaining 49% stake will continue to be held by the promoters, the deal provides the dairy company the option to buy an additional 20% stake from the promoters post March 2026

Founded in 2018, Get-A-Way sells low-calorie, high-protein frozen desserts such as ice creams, popsicles and kulfis

Hyderabad-based dairy company Heritage Foods yesterday…

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