How Gaja Capital and PremjiInvest lost money in former Maruti chief's venture

By Debjyoti Roy

  • 10 Dec 2018
Premium
Credit: VCCircle

The private equity backers of Carnation Auto India Pvt. Ltd are set to write off the bulk of their investment after the automotive services company’s revised business model turned turtle, two people privy to the development told VCCircle. Carnation Auto is an initiative of Jagdish Khattar, the former chief executive officer ......

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