Acquisitions | Page 8

With the acquisition of My Chicken and More's 23 outlets, Licious will expand its physical retail footprint to 26 points of sale.

This acquisition marks Jetapult's first foray into the Middle East and North Africa (MENA) region, underscoring its intention to broaden its investment footprint. The company also has plans for further investments in key markets, including Southeast Asia and Europe.

Vajram's acquisition of Varcas aims to enhance production capacity, enabling it to meet growing demand for electric two-wheelers, particularly in Tier II and Tier III cities, leveraging Varcas' manufacturing capabilities.

The Group invested INR 100 crore in Sirona, offering early angel and seed investors substantial returns of 6x to 20x through primary and secondary investments in 2021, now completing its acquisition.