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Britannia looking to set up an entity for startup investments
short by Pragya Swastik / on Tuesday, 12 February, 2019
Britannia is looking to set up a new entity and a team in the next six months to invest in startups and emerging companies. "We will consider looking at infusing small investments in startups across platforms," Britannia Managing Director Varun Berry said. Notably, consumer goods makers Unilever and Marico have already been investing in startups through separate platforms or entities.
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