Global consumer-focused private equity firm L Catterton, which counts Sugar Cosmetics, Reliance Jio and Fabindia in its portfolio, has launched an India-centric investment platform and ..
Mid-market private equity firm Lighthouse Funds, which counts Nykaa, Fabindia, Duroflex and Wow! Momo among its portfolio firms, is set to place its maiden bet ..
While Ellementry is present in most leading e-commerce platforms like Amazon, Myntra, Nykaa, Tata Cliq among others and shop-in-shop stores, it wants to leverage the power and pull of physical stores to entrench itself against established brands like Fabindia, Home Centre, Good Earth, etc.
TCPL will be buying 75% of Capital Foods from existing investors Invus Group, a European family office and investment arm, with a 40% stake; US private equity group General Atlantic that owns 35% valuing the company at Rs 5100 crore. That would peg the stake value at Rs 3,825 crore. Founder chairman of Capital Foods and a former advertising boss turned food entrepreneur Ajay Gupta will retain his 25% stake for now but Tatas will buy him out too in future helping him unlock further value.