Heineken picked up the shares for Rs 275 crore, raising its stake to 38.77 per cent.
Earlier, Tierra raised funding from angels investors like CJ George (MD at Geojit BNP Paribas) and Kochouseph Chittilappilly (founder & MD at V Guard).
Japanese foods company Nissin Foods was close to buying a majority stake in Capital Foods, but the deal fell apart, according to sources.
PE firm Indus Balaji reinvests in SmartPrep & The Curriculum Company, looks at new sectors for investing
The PE firm is likely to foray into sectors like agriculture, FMCG, healthcare and logistics.