facebook-page-view
Advertisement

IIFL PE fund places maiden consumer sector bet

By Narinder Kapur

  • 28 Jul 2020
Premium
IIFL PE fund places maiden consumer sector bet
Credit: VCCircle

IIFL India Private Equity Fund, launched in 2018, has entered the consumer sector with an investment in a personal-care label. The fund will invest Rs 50 crore ($6.67 million) in Ustraa, men’s grooming brand operated by Happily Unmarried Marketing Pvt. Ltd. As per VCCircle estimates, it will be picking up 23-29% stake ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement