Consumer-focused private equity fund Lighthouse Fund has acquired a minority stake in Duroflex Pvt Ltd, a dominant mattress player in southern India. Lighthouse has invested Rs 160 crore ($22 million) in Duroflex as a primary capital to meet Duroflex’s expansion plans. — The Economic Times

L&L Partners advised Lighthouse Funds led by a team of partners Amit Shetye and Rohan Shah, and associate Aivan Raj.

2018-10-29

Deal value: INR 160 crores

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