Manohar Lal Agarwal
$3.1B
Born
Oct 30, 1954
Age
71
Source of Wealth
Snacks
Residence
Delhi,
Citizenship
India
Marital Status
Married
Children
0
Education
- Manohar Lal Agarwal runs Delhi-based Haldiram Snacks with brother Madhusudan Agarwal. It has now been merged with the Nagpur arm.
- The company is known for its savory snacks, sweets and frozen foods.
- Their grandfather started selling savory snacks from a tiny shop in Bikaner, Rajasthan in 1937.
- The business was divided among his descendants into three separate companies, including Haldiram Snacks.
- Haldiram Snacks has backed Venture Catalysts, an incubator, to invest in startups in packaged foods.
- In April 2023 two arms of the family ? from Delhi and Nagpur- came together to create Haldiram Snacks Food Limited which is headquartered in Delhi.
- There have been news reports of stake sale to global private equity groups like Blackstone and Temasek but nothing has been firmed up yet.
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