Hillhouse, Sofina lead $29m round for India's Hector Beverages
Beijing-based Hillhouse Capital and Belgium's Sofina have led a $29 million Series C round for Indian drink maker Hector Beverages.
Existing investors Sequoia Capital, Catamaran Ventures and Footprint Ventures also participated in the round. Hector Beverages will use the new funding to build up its Paper Boat brand of fruit drinks...
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