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Private Equity | 3 December 2012

Helion Venture, Footprint Invest In QSR - Mast Kalandar

by Charmi Gutka
 
@charmi
Helion Ventures along with @Footprint_Ventures has invested additional R32.5 Cr ($6 Mn) in Mast Kalandar, a QSR chain run by @Spring_Leaf Private Limited.

The funds raised will be utilized to expand its number of outlets from 40 to 100 across 8 cities in next 18 months.

In this third round of investment, Helion Ventures has invested $5 Mn while the balance is infused by Footprint Ventures in ethnic Indian food chain that has now raised a total of $11 Mn in equity capital.

Temasek To Sell Medreich Stake: Said To Be In Talks With Advent

Temasek, the Singapore government’s investment vehicle, is set to exit Medreich Pharma, as stated on BS.

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Blackstone May Invest In Pune's BlueRidge SEZ

Continuing its strategy of building a portfolio of rent-yielding commercial projects, Blackstone Group is in talks with IDFC and Paranjape Developers to acquire stake in two phases in the BlueRidge special economic zone (SEZ) in Pune’s Hinjewadi area for INR 10 Bn.

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