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Private Equity | 13 April 2012

Trimax Raises R100Cr From Aditya Birla Capital

by Irfan Khan
Trimax Raises R100Cr From Aditya Birla Capital
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Aditya Birla Capital Advisors has invested R100Cr in Mumbai-based Trimax IT Infrastructure And Services Ltd.

The deal will see a partial exit for BanyanTree Growth Capital I, which invested in the company in 2009 for 10% stake. The terms of the deal were not yet disclosed.

Desai and Diwanji were the advisors to Aditya Birla PE Fund.

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Druva raises $51m from Sequoia, EDBI and others

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