BanyanTree invests $14.9 million into Indian fastener manufacturing company
Mumbai-based BanyanTree Growth Capital has invested INR700 million ($14.9 million) for a minority stake in Deepak Fasteners, a manufacturer of industrial supplies such as nuts and bolts.
The investments from BanyanTree - a $125 million private equity fund focused on mid-market companies - will reportedly help the company bolster its manufacturing capacity and facilitate its entrance into...
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