Global investors, including UAE-based IHC and American investment firm Alpha Wave Global, have invested in Indian snacks maker Haldiram's ongoing equity round, joining its cap table. The financial specifics of the transaction have not been disclosed, but industry sources estimate that IHC and Alpha Wave Global are collectively acquiring about 6% stake in Haldiram Snacks Food at a valuation of $10 billion. The company plans to go public and will leverage the reach of IHC and Alpha Wave Global to expand in the US and the Middle East, where there is growing demand for Indian cuisine and snacks.