Tano Capital exits luggage maker with windfall gains

By Ankit Agarwal

  • 19 Feb 2021
Premium
Credit: VCCircle

Private equity firm Tano Capital has exited luggage maker Safari Industries India after seven years with a return of almost five times on investment. Tano sold around five per cent stake of Safari Industries on Monday, marking its exit from the Mumbai-based plastic moulded luggage maker.  Piyush Goenka, managing director of Tano, ......

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