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Among the last sessions in Print Summit 2024 was the panel discussion titled Lead the Change: Milliennial Entrepreneurs featuring ABI, Arjun Vaidya, Akash Zaveri and Rishubh Satiya as panelists. The session, moderated by Ankul Nanavaty, Director, Unik Printers was a lively discussion between the four young entrepreneurs about the challenges and victories of being an entrepreneur
Founders must decide whether it's the right time to continue or to pursue an exit, said Plix founder Rishubh Satiya
India-based FMCG giant Marico is to take a majority stake in Satiya Nutraceuticals, the owner of D2C brand The Plant Fix-Plix (Plix).
Marico: As part of the transaction, the company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority control over its board composition and total voting rights. Accordingly, it has become a subsidiary of the company and the acquisition of remaining stake of 25.25% on a fully diluted basis will be completed in tranches by May 2025, subject to terms and conditions of the definitive agreements.
It has completed acquisition of 32.75 per cent of the paid-up share capital of Satiya Nutraceuticals through primary infusion and secondary buyouts, completed on July 26, 2023.