022 24172311
Sections
Search
Subscribe
DealCurry
Equity
Venture Capital
Private Equity
M&A

Mergers & Acquisitions | 29 November 2012

Global Retailer - Esprit To Exit India By Year End

by Vivek Singh
Global Retailer - Esprit To Exit India By Year End
Share on Social Media Email Facebook Twitter Linkedin
 
@vivek
At a time when India opened up the gates of FDI into multi-brand and single brand retail, there comes Esprit’s plan to exit the Indian market by the end of 2012.

It operates in India through a distribution agreement with Madura Fashion and Retail, Aditya Birla Group’s lifestyle retailer, since 2005.

Esprit had been incurring losses of around R20-25 Cr per annum.

Accion's Frontier, Sama Capital & Existing Investors Invest In Shubham Housing

Accion's Frontier, Sama Capital & Existing Investors Invest In Shubham Housing

Accion's Frontier Investments, Sama Capital and existing investors - Elevar Equity and Helion Venture Capital have invested $8 Mn in Shubham Housing Development Finance Company in second round of funding.

Read More...

SAIF Partners Part Exits Just Dial

SAIF Partners Part Exits Just Dial

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.

Read More...