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IDFC Alternatives bets on apparel retail chain Citykart

By Debjyoti Roy

  • 24 Jan 2019
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IDFC Alternatives bets on apparel retail chain Citykart
Credit: Thinkstock

IDFC Alternatives, the private equity arm of non-banking financial company IDFC Ltd, has backed Citykart Retail Pvt. Ltd in its first investment in the retail sector. IDFC PE and India SME Investments LLP invested a total of Rs 100 crore ($14 million) to pick up a significant minority stake in the ......

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