Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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ICICI Venture, the private equity arm of India’s largest private-sector lender ICICI Bank, has entered into a definitive agreement to acquire a minority stake of around 14% in popular women’s legwear brand Go Colors owned by Chennai-based apparel maker, Go Fashion India by investing Rs 100 crores (around $15.6m), through its fourth PE fund – India Advantage Fund Series 4, as reported by VC Circle and The Economic Times. The current investment is the ICICI Ventures’s first retail apparel investment in the past decade and also marks as the second for the women’s apparel brand, pursuant to an initial investment of Rs 60 crores by Sequoia Capital India Investments IV in November, 2014, wherein Sequoia acquired 33.33% stake in Go Fashion India.
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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- Category: Private equity / VC
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