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ITC acquires Sproutlife Foods for 100% stake

PRIVATESep 29, 2026

Acquiring Company

ITC

Acquired Company

Sproutlife Foods Private Ltd

BengaluruIndiaFood and BeverageE CommerceRetailFood and BeverageAgriculture and FarmingHospitalityFood Processing

Description

ITC has completed the acquisition of Sproutlife Foods, parent company of Yoga Bar, raising its ownership from 47.5% to 100%. The deal involved acquiring 13,445 equity shares for approximately Rs 645 crore. Sproutlife is now a wholly owned subsidiary of ITC as of September 28. This acquisition aligns with ITC's strategy to enhance its portfolio in the foods segment.

Company Information

Company

ITC

Location

Bengaluru, Karnataka, India

About

ITC is a major FMCG (Fast-Moving Consumer Goods) company in India. It operates in various segments, including foods, personal care, and stationery products. ITC focuses on sustainability and is committed to providing high-quality products to consumers. The company has a diverse portfolio of brands and a strong market presence.

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Frequently asked

Who acquired Sproutlife Foods Private Ltd?

Sproutlife Foods Private Ltd was acquired by ITC, based in Bengaluru. The deal was reported on September 29, 2026. ITC is a major FMCG (Fast-Moving Consumer Goods) company in India. It operates in various segments, including foods, personal care, and stationery products. ITC is privately held and operates in Food and Beverage.

When did ITC acquire Sproutlife Foods Private Ltd?

ITC's acquisition of Sproutlife Foods Private Ltd was reported on September 29, 2026. ITC has completed the acquisition of Sproutlife Foods, parent company of Yoga Bar, raising its ownership from 47.5% to 100%. The deal involved acquiring 13,445 equity shares for approximately Rs 645 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sproutlife Foods Private Ltd do?

Sproutlife Foods Private Ltd specializes in new and innovative food products. The company is focused on health-conscious consumers and offers a range of nutritious food options. It is privately held, operating in Food and Beverage, and is based in India.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.