Uday Kotak’s USK Capital Enters US Consumer Market with Acquiring Stake in Go Raw

USK Capital, the family office of banker Uday Kotak, has acquired a majority stake in US-based snacking brand Go Raw, the firm said in a statement on Tuesday, January 13, 2026. The transaction marks USK Capital’s first investment outside India. as per news reports. 

The deal was completed through one of the family office’s overseas entities under the overseas direct investment route. 

Details of the Transaction 

The acquisition involved the purchase of a controlling stake in Freeland Foods LLC, which owns the Go Raw brand. The sellers included Juggernaut Capital Partners, along with other early-stage investors. 

The company did not disclose the financial terms of the transaction. 

About the Go Raw Business 

Go Raw is a packaged food company based in the Chicago area. It operates in the US snacking market and focuses on products made primarily from seeds. The brand’s product range includes sprouted seeds, snacking granola, salad toppers and cluster snacks. 

Its products use ingredients such as pumpkin seeds, chia seeds and flax seeds. Go Raw distributes its products through retail channels across the United States. 

Investment Rationale 

According to the statement, the acquisition forms part of USK Capital’s diversification plans. The transaction is also the family office’s first investment in the consumer sector. 

USK Capital said Go Raw has expanded its retail presence in the US over time, supported by demand for seed-based and packaged snack products. 

Background on USK Capital 

USK Capital manages the personal wealth of Uday Kotak, founder and former chief executive officer of Kotak Mahindra Bank. Kotak Mahindra Bank is one of India’s largest private sector lenders, with a market capitalisation of about $47 billion. 

As per public disclosures, the Kotak family holds around 26% of the bank. 

Geographic Expansion 

Until now, USK Capital’s investments have largely been focused on India. The Go Raw transaction is its first overseas operating investment and its entry into the US consumer market. 

The acquisition adds a US-based food brand to the family office’s portfolio. 

Read More: D2C Footwear Brand Neeman's Raised $4 Million to Boost Offline Expansion! 

Conclusion 

With the purchase of a majority stake in Go Raw, USK Capital has completed its first overseas investment. The transaction represents an expansion of its investment activities beyond India and into the consumer goods segment. 

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