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Reliance to acquire snacking brand TagZ Foods for ₹28 crore
short by / on Wednesday, 13 November, 2024
Reliance Consumer Products, a wholly owned subsidiary of Reliance Retail, is reportedly acquiring D2C snacking startup TagZ Foods for ₹28 crore. TagZ has raised a total funding of about $3.2 million across multiple funding rounds till date. Sources had earlier claimed that the brand had stopped production due to mounting losses.
read more at Inc42