{"id":1929,"date":"2026-09-19T19:32:29","date_gmt":"2026-09-19T10:32:29","guid":{"rendered":"https:\/\/india-marketing.jp\/india-company\/haldirams\/"},"modified":"2026-09-20T03:29:34","modified_gmt":"2026-09-19T18:29:34","slug":"haldirams","status":"publish","type":"india-company","link":"https:\/\/india-marketing.jp\/en\/india-company\/haldirams\/","title":{"rendered":"Haldiram's | India's largest snack company. Temasek and others took 10%"},"content":{"rendered":"
\nThis article is based on what we could verify As of September 19, 2026<\/strong> This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with \u20b91 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.\n<\/div>\n\n\n

Haldiram's is India's largest food company in namkeen (savory snacks) and confectionery. In 2025 Singapore's Temasek, the UAE's IHC, and Alpha Wave Global acquired minority stakes one after another, putting the valuation at about 10 billion dollars.<\/p>\n

Company profile<\/h2>\n\n\n\n\n\n\n\n\n\n\n
Item<\/th>\nDetails<\/th>\n<\/tr>\n
Legal name<\/td>\nHaldiram Snacks Food Private Limited<\/td>\n<\/tr>\n
Headquarters<\/td>\nNoida, Uttar Pradesh \/ Delhi<\/td>\n<\/tr>\n
Revenue<\/td>\n\u20b912,800 to 14,000 crore in FY2024 (the range varies by source because the company is unlisted, approx. 223 billion to 244 billion yen)<\/td>\n<\/tr>\n
Valuation<\/td>\nAbout 10 billion dollars (about \u20b985,000 crore, approx. 1.5 trillion yen, at the time of the 2025 investments)<\/td>\n<\/tr>\n
Main investors<\/td>\nTemasek (about 10%, about 1 billion dollars), IHC and Alpha Wave Global (about 6% combined)<\/td>\n<\/tr>\n
Business<\/td>\nManufacture and sale of namkeen, confectionery, and instant foods, and restaurant operations<\/td>\n<\/tr>\n
Listing<\/td>\nUnlisted (an IPO has been the subject of speculation)<\/td>\n<\/tr>\n
Official website<\/td>\nhaldirams.com<\/a><\/td>\n<\/tr>\n<\/table>\n

Business and strengths<\/h2>\n

Its range is broad, from bhujia, namkeen, and mithai (Indian sweets) to frozen samosas and parathas, and the products flow not only to retailers at home but also to Indian grocery stores overseas in markets such as the United States and the United Kingdom. It also runs restaurants and sweet shops, supporting the brand through both products and stores.<\/p>\n

It was originally run as separate companies by region, but it brought the snack business together into one entity before taking in outside capital.<\/p>\n

Recent developments<\/h2>\n

In 2025 Temasek acquired about 10% for about 1 billion dollars, followed by IHC and Alpha Wave Global taking about 6% combined. Both were on terms that put the valuation at about 10 billion dollars (about \u20b985,000 crore). Both were transactions in 2025.<\/p>\n

Points for Japanese companies<\/h2>\n

It is the largest counterpart in India's snack market, and from the perspective of anyone selling ingredients or equipment it is also the largest prospect. It also has routes for sending products to Indian grocery stores overseas.<\/p>\n

Reference Information<\/h2>\n