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Peepul Capital invests $13.5M in lingerie firm Brandis Manufacturing

BY  Bhawna Gupta
Lovable Lingerie and Page Industries are two other PE-backed players in the innerwear sector and both of them are public-listed companies.

Peepul Capital III LLC, a fund managed by Peepul Capital LLC, has invested Rs 70 crore ($13.54 million) in Bangalore-based Brandis Manufacturing and Marketing Ltd in multiple tranches for an undisclosed stake.

Established in 2010 by Nischal Puri,...

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