Lighthouse picks 12.5% in snacks maker Bikaji Foods for $15M

Mid-market-focused private equity firm Lighthouse Funds has invested Rs 90 crore ($15 million) in Rajasthan-based snacks maker Bikaji Foods International Ltd to buy 12.5 per cent equity stake in the company, sources familiar with the development told VCCircle.This transaction, which values it at Rs 720 crore, represents the first round ......