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Norwest scores back-to-back multi-bagger exit from India portfolio firm

By Joseph Rai

  • 29 Nov 2017
Premium
Norwest scores back-to-back multi-bagger exit from India portfolio firm
Credit: Manni Das/VCCircle

Multi-stage private investment firm Norwest Venture Partners has harvested handsome returns from its five-year-old investment in a Chennai-based financial services company, marking its fourth full exit this year with above-benchmark returns.Norwest sold its entire stake worth Rs 850 crore in Cholamandalam Investment & Finance Co. Ltd between July and November ......

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