India: Sequoia-backed Prataap Snacks raises $7.8m in pre-IPO round

India: Sequoia-backed Prataap Snacks raises $7.8m in pre-IPO round

Sequoia Capital-backed Prataap Snacks Pvt. Ltd, which sells potato chips and a variety of spicy savouries under the brand name Yellow Diamond, has raised Rs50 crore in a pre-initial public offering (IPO) round from public markets investor Malabar Investments, said two people aware of the development.

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