Apax Funds Acquires Minority Stake in iD Fresh Food

Apax Funds, a big investment company, has bought a small part of iD Fresh Food, which makes ready-to-cook Indian food like idli and dosa batter.

They bought this part from other investors who are still staying with the company.

iD Fresh started in Bengaluru in 2005 and now sells its food in more than 50 cities.

The money from Apax will help iD Fresh grow bigger, make more kinds of food, and sell in more places.

The company is already the biggest in its type of food in India.

Everyone is hoping this will help iD Fresh become even more successful.