Fulcrum reaps 10x from Casa Grande exit
SME-focused private equity firm Fulcrum Venture India has reaped a money multiple of 10x from its investment in Indian real estate company Casa Grande.
Fulcrum sold its stake back to the firm's founders for INR500 million ($9.6 million), having invested just INR48 million in Casa Grande in 2004. The money multiple equates to an IRR of 54.46% over this...
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