Orbit Financial Capital in Advance Stages to Raise USD 100 Million for Green Laxmi Foods Pvt Ltd.
Orbit Financial Capital, a leading investment bank and financial services firm, announced that it is in advanced due diligence process for a USD 100 million capital raise for Green Laxmi Foods Pvt Ltd (GLF), an innovative Indian food and beverage company. The funding will be used to expand GLF’s operations across India and the GCC region.
“We believe in GLF’s visionary founder and CEO, Jay Ajmera, and the company’s portfolio of products that are poised for rapid growth,” said Smit Shah, Partner at Orbit Financial Capital. “GLF has built a portfolio of brands that are individually strong, with significant potential to become a unicorn. We are excited to help the company scale up distribution across India and beyond.”
Founded in 2013, GLF has developed a range of natural, organic and Ayurvedic food and beverage products for several multinational companies. The company is focused on using only natural, organic and sustainable ingredients to produce high-quality, nutritious and affordable products for consumers.
“We are thrilled to partner with Orbit Financial Capital to help take GLF to the next level,” said Jay Ajmera, GLF’s founder and CEO. “With their expertise and network, we will be able to significantly expand our reach and impact. Our mission is to spread health, happiness and prosperity through food, and this funding efforts will surely be instrumental in achieving that goal.”
GLF’s USD 100 million fundraise by Orbit Financial Capital will enable GLF to:
•Expand its manufacturing capabilities to meet increasing demand of new products;
•Increase its distribution across India through e-commerce platforms and retail outlets;
•Enter new international markets, starting with the GCC region;
•Invest in marketing and brand building to raise awareness about GLF’s products;
•Develop innovative new products to meet customers’ evolving needs.
About Orbit Financial Capital
Orbit Financial Capital is a leading investment bank and financial services firm focused on healthcare, life sciences, consumer, food and agriculture companies worldwide. Having completed transactions worth over USD 2 billion, Orbit Financial Capital provides M&A advisory, capital raising, restructuring and debt syndication services to privately held and public companies.
About Green Laxmi Foods
Green Laxmi Foods Pvt. Ltd (GLF) is an innovative food and beverage company focused on organic, natural and Ayurvedic products. Founded in 2013, GLF aims to spread health, happiness and farmer prosperity through high- quality, nutritious and affordable food products made from sustainable ingredients. GLF is headquartered in MUMBAI, INDIA.
