The transaction signals the first buyout in the consumer sector for the private equity firm.
ICICI Venture sold 36.38 lakh shares of Epack Durable, a shareholding of 3.79 percent, through open market trades between March 24 and July 31
Theobroma was founded in 2004, when the first pastry store opened its doors in Colaba, Mumbai. Today, the firm is a popular pan-India patisserie and cafe chain
Jyoti Structures shares rallied 12.6 percent in early trade Friday on a report that Aion Capital Partners invested Rs 300 crore in the company.
US private equity firm Apollo Global Management LLC and ICICI Venture, the private equity arm of No.2 Indian lender ICICI Bank , are close to raising USD 350 million to invest in distressed assets in India, two sources with direct knowledge of the matter told Reuters.
Oberoi Realty today said it has purchased 50% stake in I-Ven Realty Ltd from private equity firm ICICI Venture.
The food service sector in India attracted over USD 100 million (over Rs 450 crore) from private equity investors in the first half of this year, according to a report by Franchise India and FICCI.
Country's largest private sector lender ICICI Bank, which holds a minimal share in water treatment player VA Tech Wabag Ltd, is likely to sell off its shares over the next few months, a top company official today said.