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Private Equity | 5 December 2012

Premji Invest Buys Stake In Packaged Foods Maker - Heritage Foods

by Vivek Singh
Premji Invest Buys Stake In Packaged Foods Maker - Heritage Foods
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Azim Premji's PE arm Premji Invest bought a stake in Heritage Foods, as stated on IIFL and BS.

However the details of the deal were not disclosed and it could be a possibility that the stake might be bought from the recent stake seller – Kotak India Focus Fund.

Kotak recently sold over 5.64% of its previously held 8.93%.

ITE Group Acquires Stake In ABEC From Qatari Investor QInvest

ITE Group Acquires Stake In ABEC From Qatari Investor QInvest

British exhibitions organizer ITE Group bought around 28.3% stake in Asian Business Exhibitions & Conferences Limited.

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On Demand Beauty Service Provider MyGlamm To Raise Funds

On Demand Beauty Service Provider MyGlamm To Raise Funds

Mumbai based on-demand home services for beauty and hair care, MyGlamm is planning to raised about R99.70 Cr ($15 Mn) in its second round of funding by the end of the year.

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