Redefine Capital Fund and Ganesh Ventures Capital Rs711 million acquisition of a 10% stake in Poncho Hospitality

6/3/2019
Private acquisition

Re 711.498 million

$ 10.020 million

Completed

6/3/2019


Overview:

  • Private equity firm Redefine Capital Fund and Chinese venture capital firm Ganesh Ventures, have acquired a 10% stake in food preparation and delivery company Poncho Hospitality.

Shah Shameer Ahmed - Researcher

Jurisdictions:

Hong Kong SAR
India

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Technology and telecommunications
Food and beverage


Firms:

Party: Redefine Capital Fund (Investor)

Party: Redefine Capital Fund (Investor)


Party: Mayfield India II (Shareholder)


Party: Redefine Capital Fund (Investor)

Party: Ganesh Ventures Capital (Investor)

Lawyer: Feroz Dubash


Party: Vertices Partners (Target)