CX Partners is investing upto R200Cr in Bangalore based Sutures India for a 40% stake. According to ToI,CX Partners will buyout Evolvence Life Sciences Fund's stake and may also buy part of the promoter's stake in the company. The deal is subject to FIPB approval.
SAIF Partners, one of the early backers of BSE listed local search directory, Just Dial has sold close to 2.4% stake in the company for a total of INR254 Cr. The part exit fetches the fund, a 30x returns on its seven year old investment.