LARGECAP FMCG COMPANY TO ACQUIRE STAKE IN COSMIX WELLNESS

Indian FMCG largecap company

will acquire a 60% stake in Cosmix Wellness at an equity valuation of Rs 375 crore. Cosmix offers a range of plant-based protein powders, fermented yeast protein powders, functional superfood blends and has recently launched functional foods like plant-protein pancake mixes and plant-protein bars. had crossed the milestone sales revenue of Rs 10,000 crore in FY25, and with several new acquisitions, it is set to achieve a sales revenue of Rs 20,000 crore by FY30. The company is expected to double it's revenue in the next five years.