Redefine Capital Fund and Ganesh Ventures Capital Rs711 million acquis

Value:

Re 711.498 million

Dollar value:

$ 10.020 million

Status:

Completed

Date:

6/3/2019

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

Hong Kong SAR
India

Private acquisition

M&A

Technology and telecommunications
Food and beverage

Haiwen & Partners

Party: Redefine Capital Fund (Investor)

Jerome Merchant + Partners

Party: Mayfield India II (Shareholder)

TT&A

Party: Redefine Capital Fund (Investor)

Party: Ganesh Ventures Capital (Investor)

Lawyer: Feroz Dubash

Vertices Partners

Party: Vertices Partners (Target)

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