Nalanda bets on PE-backed internet firm to mark first investment in three years
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Nalanda bets on PE-backed internet firm to mark first investment in three years

By Ankit Doshi

  • 13 Mar 2019
Premium
Nalanda bets on PE-backed internet firm to mark first investment in three years
Credit: Thinkstock

Nalanda Capital, an India-focussed private equity-style investor in public equities, has acquired a substantial stake in a consumer internet company from a fund of 2011 vintage in what appears to be its first major investment in more than three years. Singapore-headquartered Nalanda, headed by former Warburg Pincus India managing director Pulak ......

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