Private equity (PE) firm General Atlantic LLC is in final stages of discussions to buy a controlling stake in Capital Foods Pvt. Ltd, the owner of the instant noodles brand Ching’s Secret, according to two people aware of the development.
General Atlantic will acquire the stake in Capital Foods from existing investor Invus Group, which holds a 44% stake, and promoter Ajay Gupta, who holds the remaining 56% stake.
