Going nuts: Dry fruit companies Nutraj and Farmley prepare to raise over $40 million each as investors line up to take a bite

While Nutraj is nearing a deal to raise around $40 million, or around Rs 340 crore, from Belgium's AvH, Singapore's Venturi Partners and homegrown PE firm CX Partners, Farmley, its new-age rival, is in talks to raise a similar amount of capital from L’Catterton, sources told Moneycontrol..