💨 Abstract
ITC Limited has announced the acquisition of a 73.5% stake in Mother Sparsh Baby Care Private Limited, a premium Ayurvedic and natural baby care brand. ITC will invest Rs 81 crore to achieve a total investment of around Rs 126 crore. Mother Sparsh offers a range of Ayurvedic and natural products and has achieved strong growth with its digital-first approach.
Courtesy: theprint.in
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