ICICI Venture sells part of its stake in Devyani to Temasek, buys into RJ Corp

ICICI Bank's private equity arm ICICI Venture has part exited its three-year-old investment in Devyani International, the largest franchisee for Pizza Hut and KFC in India, for approximately Rs 100 crore ($16.4 million) and has picked a stake in industrialist Ravi Jaipuria's group holding company RJ Corp Ltd, sources told ......