New Silk joins Coffee Day party
New Silk Route Partners has joined Kohlberg Kravis Roberts & Co. and Standard Chartered Private Equity Ltd. as an investor in VG Siddhartha holding company Coffee Day Group, adding $75 million to bring total private equity fundraising to $200 million.
This brings New Silk in with the same dollar commitment as KKR, and ahead of SCPEL's $50 million. The troika of investors will hold 25% of the company, which operates coffee chain Café Coffee Day as...
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