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ITC Acquires Full Ownership of Yoga Bar for ’645 Crore, Bolstering Food Portfolio
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Storyboard•28-09-2026, 21:58
ITC Acquires Full Ownership of Yoga Bar for ’645 Crore, Bolstering Food Portfolio
- •ITC has acquired the remaining 52.5% stake in Sproutlife Foods Private Limited for approximately ’645 crore, making Yoga Bar a wholly owned subsidiary.
- •The acquisition, completed on September 28, 2026, increases ITC's ownership in Sproutlife Foods, the company behind the Yoga Bar brand, to 100%.
- •This move is part of ITC’s strategy to augment its future-ready portfolio in the foods segment, integrating a rapidly growing digital-first health-focused food brand.
- •Yoga Bar, known for its strong online presence and expanding offline distribution, reported revenue growth from ’108 crore in FY2023-24 to ’452 crore in FY2025-26.
- •Full ownership allows ITC to integrate Yoga Bar's consumer and digital capabilities with its extensive distribution and FMCG ecosystem, enhancing its presence in innovative food products.
Key Questions Answered
ITC acquired the remaining 52.5% stake in Sproutlife Foods Private Limited, the maker of Yoga Bar, through a secondary transaction for approximately ₹645 crore. This transaction brings ITC's total ownership of the company to 100%.
Sproutlife Foods reported a revenue of ₹452 crore in FY2025-26, showing significant growth compared to ₹200 crore in FY2024-25 and ₹108 crore in FY2023-24. This reflects a more than fourfold increase in revenue over a two-year period.
Prior to purchasing the remaining shares on September 28, 2026, ITC previously held around 47.5% of Sproutlife Foods Private Limited.
