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    Jumboking valuation at Rs 400 crore plus! ‘Multi bagger investor’ picks up stake in India’s third-largest burger chain

    April 4, 2024 - By how finance works

    Ace investor Ashish Kacholia has acquired a 17.2% stake in homegrown burger chain Jumboking, making him the second-largest shareholder. The funding, of an undisclosed quantity, was made by a secondary market transaction following Triton Fund’s exit from the agency.Consultants estimate the transaction to be valued between Rs 70 crore and…

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Recent Posts

  • Understanding the Components of Working Capital
  • Understanding the Distinction Between Fixed Capital and Working Capital
  • The 8-4-3 Rule of Compounding Explained (Ultimate Guide)
  • What Components Are Included in Public Finance?
  • Understanding CRADJ: What It Means on Your Bank Statement