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Jubilant Foodworks to acquire 35% stake in Hashtag Loyalty

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Jubilant Foodworks has entered into Share Subscription Agreement, Shareholders' Agreement and Share Purchase Agreement dated 27 October 2021 to acquire 35% stake in Hashtag Loyalty.

This investment reflects the Company's intent of making strategic investments in promising start-ups and emerging businesses and is in line with the stated goal of building a multi-brand and multi-country food business powered by technology.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, October 27 2021. 16:34 IST
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