New Delhi, Jan. 13 -- USK Capital, the family office of billionaire banker Uday Kotak, has acquired a majority stake in Freeland Foods LLC, which owns the US-based seed-snack brand Go Raw.

The sellers include Juggernaut Capital Partners, a middle-market private equity firm, along with other early-stage investors. The financial terms of the deal were not disclosed.

The acquisition is significant for USK Capital on multiple counts. It represents the family office's first investment outside India, its maiden exposure to the consumer sector, and a strategic step towards building a diversified global portfolio over the long term.

"Healthy eating is a growing global trend, and the US consumer is increasingly embracing it," Venkat Subramanian...