CCI Approves KKR’s Investment Proposal in Rebel Foods. The Competition Commission of India (CCI) has approved the proposal by private equity giant KKR to acquire a stake in Rebel Foods, a leading cloud kitchen unicorn. As per the CCI, KKR’s subsidiary, Royce Asia Holdings, will acquire shares and compulsorily convertible preference shares (CCPS) of Rebel […]
The Competition Commission of India (CCI), established on October 14, 2003, plays a vital role in promoting competition and preventing anti-competitive practices in India. It became operational in May 2009 under its first chairperson, Dhanendra Kumar. The CCI’s mandate is to ensure fair competition and curb practices that adversely affect market dynamics, benefiting both businesses […]