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Private Equity | 26 March 2012

NSR Partners May Invest In Adigas Restaurant Chain

by Charmi Gutka
NSR Partners May Invest In Adigas Restaurant Chain
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New Silk Route Partners may invest in South Indian vegetarian restaurant and fast food chain - Adiga. The valuation could be about R200Cr.

According to ToI, post transaction, the PE investor could emerge as the largest shareholder but the promoter family would continue to manage the growing business.

The funds will be used for expanding it's network across the country.

Copthall Mauritius Acquires Additional Stake In LIC Housing

Copthall Mauritius Acquires Additional Stake In LIC Housing

Copthall Mauritius Investment Ltd has acquired additional stake in LIC Housing Finance through open market transaction from CLSA.

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Bona Vita Technologies Raises Funds From MakeMyTrip

Bona Vita Technologies Raises Funds From MakeMyTrip

Nasdaq listed MakeMyTrip has invested $5 Mn in Bona Vita Technologies Private Limited, a stealth mode startup, for an undisclosed stake according to a filing with the US Securities and Exchange Commission.

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