<ul><li>Theobroma, founded in 2004 by sisters Kainaz and Tina Messman, is set for a monumental cash exit with a potential acquisition valued at ₹3,500 crore.</li><li>Starting as a one-room bakery in Mumbai’s Colaba, the duo grew the brand into a 225-outlet national chain, filling a gap in India’s baking scene with European-style desserts.</li><li>Despite early funding challenges, they secured a ₹5 crore loan in 2014, which fueled expansion. Now, ChrysCapital is reportedly finalizing the acquisition, making this one of India’s largest founder cash exits, marking the Messman sisters' remarkable entrepreneurial journey.</li></ul>

The Theobroma story: Sisters behind ₹3,500 crore bakery eye India’s largest cash exit

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