FMCG majors in race for big bite of snacks brand Farmley

Multiple FMCG companies are expressing interest in acquiring stakes in the healthy snacking brand Farmley. A group of early investors with a 31% stake is looking to sell their shares. Founders Akash Sharma and Abhishek Agarwal currently hold a 32% stake in the company. Farmley successfully pivoted from a B2B business to a consumer-facing D2C brand in 2021.