Kotak’s PIPE fund bets on diversified manufacturing firm

By Bruhadeeswaran R

  • 22 Aug 2017
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Credit: Shah Junaid/VCCircle

Kotak Private Equity, the alternative asset investment arm of India’s fourth-largest private lender Kotak Mahindra Bank, has picked up a stake in a diversified manufacturing firm.The PE firm has bought a 2.35% stake in Mumbai-based home appliances, LED bulbs and steel pipes maker Surya Roshni Ltd for about Rs 25 ......

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