“PremjiInvest, the family office of Wipro chair Azim Premji, has picked up 6% stake in Future Retail Ltd, the company said. PremjiInvest bought the stake in a bulk deal from Cedar Support Services Ltd, a subsidiary of Bharti Ventures Ltd,” according to Mint.

Cyril Amarchand Mangaldas advised Premji Invest’s PI Opportunities Fund – I and Pioneer Investment Fund, led by a team of partners Arjun Lall, Anand Jayachandran and Maheshwari Sundaresh.

2018-06-06

Deal value: Rs 1,700 crores

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