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GRM Overseas sells stake in GRM Foodkraft to Sauce vc

GRM Foodkraft has a presence in online and offline retail as well as the D2C segment. It has over 52 Distribution Centres (DCs), serving more than 1,60,000 Kirana stores.

Venture capital Sauce vc acquires around 3% stake in GRM Foodkraft

The company would intend to work with the Sauce team to identify emerging areas for launching new brands in packaged foods and to explore deepening its presence in digital channels including e-grocers, quick commerce, and e-commerce.

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