True Elements got FMCG company Marico as a strategic investor
Healthy breakfast and snacks company True Elements recently announced getting Marico as a strategic investor with around 54 per cent equity stake acquisition through primary infusion and secondary buy-outs as it looks to ramp up its offline presence. The company is currently available in over 90 online platforms and in over 12,000 retail outlets. Puru Gupta and Sreejith Moolayil talk about backing from Marico, significance of having a strategic investor in a company, growth plans, and more.