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ChrysCapital, CX Partners to buy 6.8% in KPIT Cummins for $30M
BY Madhav A Chanchani
ChrysCapital, which invested in Pune-based IT firm last year, will increase its stake to over 13% while CX will take 2.7%.
Private equity major ChrysCapital is doubling down on its investment in information technology firm KPIT Cummins Infosystems Ltd.
ChrysCapital, along with CX Partners, is investing Rs 162 crore ($30 million) in Pune-based firm through a preferential allotment.
ChrysCapital,...
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