Theobroma Finds a New Home: ChrysCapital Acquires Beloved Bakery Chain in Rs 2,410 Crore Deal

Mumbai’s iconic bakery, Theobroma, known for its delicious brownies and pastries, has reportedly been acquired by private equity firm ChrysCapital in a substantial deal valued at Rs 2,410 crore. This acquisition marks a significant moment for the popular food chain.

What Does the Acquisition Mean for Theobroma?

While details remain scarce, the acquisition by ChrysCapital could signal a period of growth and expansion for Theobroma. With the injection of capital, the bakery chain may explore new locations, expand its product line, and further enhance its already strong brand presence.

The Founders and the Future

Theobroma, founded by Kainaz Messman, Harchandrai, and Tina Messman Wykes, has become a household name in Mumbai and beyond. It will be interesting to see how the founders’ roles evolve under the new ownership and what direction ChrysCapital takes the brand in the future. This deal showcases the growing interest in India’s vibrant food and beverage sector.