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Jubilant FoodWorks to acquire 40Percentage stake in Roadcast Tech Solutions

30 Jul 2022 , 01:33 AM

Jubilant FoodWorks has entered into Share Subscription Agreement Shareholders Agreement and Share Purchase Agreement dated 28 July 2022 to acquire 40Percentage stake fully diluted basis in Roadcast Tech Solutions This investment reflects the Companys intent of making strategic investments in promising start-ups and emerging businesses and is in line with the stated goal of building a multi-brand and multi-country food business powered by technology Roadcast Tech Solutions Roadcast offers a logistics platform for management of last-mile delivery operations Roadcasts delivery automation SaaS platform helps clients to monitor their fleet and personnel in real-time

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