Warburg Pincus invests $90m in India's Laurus Labs, Fidelity part exits
Warburg Pincus has paid INR5.5 billion ($89.6 million) for a minority stake in Indian drug maker Laurus Labs, triggering a partial exit for Fidelity Growth Partners India.
AVCJ data show that Fidelity, the India-focused the private equity arm of Fidelity Worldwide Investment, invested INR2 billion in company - formerly Aptuit Laurus - in February 2012. According to VCCircle,...
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