investmentsA Leading Base in Bahrain without an alternative investment alternative, announcing the sale of the citykart stake, one of the citykarts focuses on Tier-2 and Teids.
It represents the fifth entire exit from India’s Consumorio Consumorio in the firm India (ICGP) and the sixth liquidity event for the Indian chanchise in the past 32 months.
Gaurav Sharma, Partner and President of India Investments in Investcorp, said Citykart is the first deal of the company after the formal Indian entry in 2019.
Investment Investment Into the CityKart Stake
“It emphasizes our method of printing the category explaining, businesses led by builders in the segments of development.
“The result now promotes our ability to make attractive returns of dangerous risks, while supporting the Indian consumption story,” he said.
The operating scale-up is found network at CityKart store raised from 37 to 137 stores, leading an estimated income of $ 102 million (INR 8.8 billion) for FY 2025.
Investment says it has helped care for a strategic cooperation with the CityKart Sudhanshu Agarwal, and re-w-mart processes and optimizing W-Mart processes and optimizing W-Mart processes
Yusef al Yusef, Global Head of Pirstinution in Investcorp, said to be associated with the CityKart team to triangle the store and still seize the fund.
“We appreciate all stakeholders and confidently that TPG new and A91 can help Syudal Hurry the next stage of growth, “he said.
Besides citykart, investcorp’s other recent realization of its stake in luggage maker safari industries, a profitable exit from eyecare specialist asg eye hospital from health-benefits administrator medi assist healthcare, and a partial exit from dialysis network Nephroplus.
Incesscorp’s India Predion Equity Strategy targets asset-light opportunities with full consumer and marketing, health care, B2B and technology.
Active Indian Holds include global dental, warpac, canpac, xpressbees, freshrow seats, unilogs, giving up, and buy nsummit.
