New Silk Route writes off one of its longest-standing bets
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New Silk Route writes off one of its longest-standing bets

By Ankit Doshi

  • 21 Nov 2019
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New Silk Route writes off one of its longest-standing bets
Credit: Pixabay

Private equity firm New Silk Route, which is now known as Rivendell PE, has written off one of its longest-standing India bets by selling a major chunk of its stake in a company at a steep loss. The New York-based fund, which was founded by former McKinsey & Co chief Rajat ......

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