ITC Completes Yoga Bar Parent Buyout for About ₹645 Crore
ITC acquired the remaining shares in Yoga Bar parent Sproutlife Foods for about ₹645 crore, making it wholly owned effective September 28.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹645 |
| Sector | India Startups |
| Coverage | Startup News |
ITC acquired the remaining shares of Sproutlife Foods, the parent of Yoga Bar, for about ₹645 crore, according to a September 29 report. Its ownership rose from approximately 47.5% to 100%.
Details and Status
Sproutlife became a wholly owned subsidiary effective September 28, 2026. The company’s FY26 turnover was ₹452 crore, compared with ₹200 crore in FY25. The reported ₹645 crore relates to the remaining-share acquisition, not necessarily the total cost of ITC’s entire investment over time.
Questions Readers Ask
When did Sproutlife become wholly owned by ITC?
September 28, 2026, according to the report.
Reporting Source
Read the source report. Report date: 2026-09-29.
Image: AI-generated editorial illustration, not a photograph of the company, its founders or the transaction.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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