PremjiInvest makes neat return from FabIndia partial exit as PIPE funds check in

Premium
Credit: 123RF.com

A bunch of domestic institutions, including public market funds of top private-sector banks, has acquired a minority stake in FabIndia Overseas Pvt. Ltd through a secondary transaction that helped PremjiInvest make a partial exit. The transaction not only values the ethnic apparel retailer nearly twice than its closest rival but also ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.