SAIF Partners locks in on India’s third-largest luggage maker

By Ankit Doshi

  • 12 Dec 2019
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Credit: Pixabay

Homegrown venture capital and growth-equity investment firm SAIF Partners has bought a minority stake in India’s third-largest luggage manufacturer by market share. SAIF Partners has pumped in Rs 31.26 crore (roughly $4.4 million) in Safari Industries (India) Ltd as part of its portfolio of private investments in public equities (PIPE). It ......

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