“We’re excited for this next phase of growth with Verlinvest and Mistral Equity Partners,” said Seth Berkowitz, CEO and Founder of Insomnia Cookies. “We’re united by a shared vision to ...

Verlinvest, which has invested more than 100 million euros ($110.3 million) in India annually over the last few years, will double its allocation in the next two-three years, Anand said.

According to Insomnia Cookies, its investor group, Verlinvest and Mistral Equity Partners, have increased their investment in the company and will acquire Krispy Kreme’s stake.