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Hindustan Media Ventures picks 3.54% stake in Zappfresh for Rs 12 crore

"Investment is being made into a growing company that is doing well in the space of online delivery of meat products (fresh and ready-to-cook/eat)," HMVL said

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Hindustan Media Ventures picks 3.54% stake in Zappfresh for Rs 11.99 crore

The company entered into an agreement on November 20, 2023, for making an investment of Rs 11.99 crore by subscribing to 807 equity shares of DSM Fresh Foods Pvt Ltd, constituting 3.54 per cent holding of the fully diluted share capital of the target entity, Hindustan Media Ventures Ltd (HMVL) said in a regulatory filing.

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