Acquisition

Hindustan Media Ventures (HMVL) is investing up to Rs. 9.34 Cr cash into KSKT Agromart Private Limited, the fast-growing operator of "Kaze Living." Kaze Living is an organic grocery and dairy marketplace delivering healthier food alternatives.

This strategic investment aims for future capital returns by leveraging HMVL's extensive media assets.

KSKT's impressive growth, from Rs. 1.17 Cr turnover in FY23 to Rs. 12.99 Cr in FY25, highlights its potential.

The final percentage stake for HMVL will be determined upon conversion of the subscribed equity instruments.