Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec

By K Amoghavarsha

  • 01 Jul 2024
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Credit: 123RF.com

US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-based pharmaceutical company, a media report said.   The firm has acquired a significant majority stake in Inventia Healthcare at a valuation of Rs 2,500 crore ($300 million), The Economic Times reported, citing multiple ......

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