Unifi Capital buys back its stake from Peepul Capital
Indian PE firm Peepul Capital has sold its stake in Chennai-based wealth management group Unifi Capital back to the company, reporting approximately 7x return on its initial $1 million investment.
According to local reports, the transaction came as Unifi is looking to bolster its holding to streamline internal operations. K. Sarath Reddy, Founder & CIO, Unifi Capital, confirmed to media that the...
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