PremjiInvest, MCap hike stake in FMCG firm Jyothy Labs

By Bhawna Gupta

  • 30 Jul 2015
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Wipro Ltd chairman Azim Premji's private investment arm PremjiInvest and private equity firm MCap Fund Advisors Pvt Ltd have increased their stake in Jyothy Laboratories Ltd, a Mumbai-based consumer goods company known for fabric care brand Ujala and household insecticide Maxo.While PremjiInvest is estimated to have put around $10 million, ......

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