Why do Tata and Wipro want to buy his company for Rs 2000 CR?

Born into an agricultural family in Tamil Nadu's Nazareth town, A.D. Padmasingh left his job to start Aachi Masala in 1995. He wanted to sell ready-to-use premixed spice blends that his mother made. Today, Aachi is Rs 2000 CR brand and the 3rd biggest spice company. Tata and Wipro have offered 51% of Aachi for Rs 1000 CR.

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