Peepul Capital pumps in more money in frozen food maker

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Private equity firm Peepul Capital LLC has invested again in Innovative Foods Ltd, which markets frozen food products under the Sumeru brand, a person privy to the development told VCCircle.Peepul has put Rs 20 crore ($3.1 million) to increase its stake in Innovative Foods to 99.30% from 98.73%, the person ......