India, Jan. 14 -- FMCG startup Mitra has merged with BSE-listed agritech company Tierra Agrotech with plans to list the merged entity with a proposed INR 787 Cr IPO by September 2026. The merged entity will bring together Tierra's seed manufacturing capabilities with Mitra's grain production and processing capabilities to create an end-to-end food platform.

"As we prepare for our IPO, this structure gives us the strength, scalability, and credibility needed to build a truly national food platform around supply chain control, profitability, and long-term value creation," Mitra's founder and CEO Abhishek Kaushik noted.

As per Tierra's regulatory disclosures, the merger is structured as an amalgamation into the listed transferee entity, al...