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Haldiram's vs Bikaji just got spicier
Mar 21, 2025
Dive into the spicy rivalry between Haldiram's and Bikaji, as Haldiram’s recent stake sale to Temasek shakes up the snack industry. Explore the backlash against Urban Company’s new gig service, raising issues about worker exploitation in the gig economy. Discover insights on the evolving tech export scene from India and the challenges faced by traditional snack brands adapting to health trends. Plus, learn about the implications of a potential extended downturn in stock markets, discussed in an upcoming live event.
15:38
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Quick takeaways
- Haldiram's recent $10 billion valuation and its stake sale to Temasek intensifies the competitive rivalry with Bikaji, influenced by family ties.
- Urban Company's controversial InstaHelp service raises ethical concerns regarding gig worker treatment, highlighting vulnerabilities in the evolving gig economy.
Deep dives
The Rising Rivalry: Haldiram's vs. Bikaji
Haldiram's recent sale of a 10% stake to Singapore's Temasek highlights the fierce competition between two leading Indian snack brands, Haldiram's and Bikaji. This stake sale valued Haldiram's at an impressive $10 billion, attracting interest from major investors like Bain and Blackstone. The strategic backing from Temasek is expected to enhance Haldiram's market position as it aims for aggressive expansion. The rivalry is further intensified by the family ties between the two brands, as the founder of Bikaji is the grandson of Haldiram's original founder, creating a unique dynamic in the competitive landscape.
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Discover
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