438 A few of Wonderchef Home Equipment Pvt. Ltd.’s original investors are considering leaving the manufacturer of cookware and kitchen appliances. Some of these early supporters, who include angel investors, have assigned boutique investment firm o3 Capital to find buyers on their behalf. They are looking for a valuation of more than 1,200 crores for the Mumbai-based company. Wonderchef, which was co-founded in 2009 by renowned chef Sanjeev Kapoor and former CEO of Sodexo India Ravi Saxena, is supported by organisations including French winery Labruyère Eberlé and mid-market private equity firm Amicus Capital, among others. Compared to a net profit of 38.6 lakh in FY21, Wonderchef reported a net loss of 10 crores in FY22—its first annual loss in ten years. You Might Be Interested In Exploring the potential of the Metaverse: A glimpse into the future of online interaction Saudi Data and AI Authority recognized for achieving maturity in software development ING teams up with Quantexa to tackle money laundering with AI-powered platform PayNet and Ant Group launched cross-border digital payments for eight Asian corridors Basel Committee to Consult on Crypto asset and Interest Rate Risk Standards, Address G-SIB Framework Concerns Compass Pathways Explores AI-Powered Predictive Model On Psilocybin Therapy For Depression – Compass Pathways
