Lighthouse wraps up $150 mn exit from consumer portfolio firm
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Lighthouse wraps up $150 mn exit from consumer portfolio firm

By TEAM VCC

  • 06 Sep 2023
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Lighthouse wraps up $150 mn exit from consumer portfolio firm

Mid-market private equity firm Lighthouse Funds has fully exited a consumer-focused company that it first backed almost a decade ago as it goes about raising its fourth investment fund.  The homegrown growth equity investor, the backer of companies such as Ferns N Petals, Medikabazaar and Fabindia, has sold its remaining stake in snacks maker Bikaji Foods International Ltd.  It offloaded Bikaji shares worth Rs 155.6 crore ($18.7 million) earlier this ......

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