NEWSROOM

16
Apr 2014
MUMBAI: Private Equity firm Lighthouse Funds has purchased a 12.5 per cent stake in snacks maker Bikaji Foods International for Rs 90 crore, the company said Wednesday valuing the unlisted company at roughly Rs 720 crore.
The Rajasthan-based snack maker will use the funds to expand its manufacturing and distribution to markets outside North India and to enter the fastest growing ready-to-eat food market. Economic Times had first reported the proposed investment on March 19.
Bikaji Foods makes snacks like bhujia, papad
15
Apr 2014
Mid-market-focused private equity firm Lighthouse Funds has invested Rs 90 crore ($15 million) in Rajasthan-based snacks maker Bikaji Foods International Ltd to buy 12.5 per cent equity stake in the company, sources familiar with the development told VCCircle.
This transaction, which values it at Rs 720 crore, represents the first round of private equity investment in the privately held company. Earlier media reports citing sources had said Lighthouse Funds may pick 25 per cent in Bikaji Foods for Rs 120 crore.
07
Apr 2014
Plans manufacturing unit in Rajasthan, investing ₹50 crore. Dhanuka Agritech plans to set up a manufacturing unit in Keshwana village of Rajasthan with an investment of ₹50 crore. The debt-free company plans to fund its entire capital investment for the new unit through internal accruals.
The new unit will have a capacity to produce liquid pesticide of 6,000-kilo litre a year and 5,000 tonnes in powder form. The Gurgaon-based company’s overall pesticide production capacity in liquid and powder form will go up to 10,000 kilo litre
06
Apr 2014
MUMBAI: Dhanuka Agritech Ltd today said it has drawn up a Rs 50 crore plan for setting up a pesticides formulation facility at Kotputli, Rajasthan. "We are investing Rs 50 crore to set up ultramodern facility, having 6,000 litres per annum of liquid and 5,000 MT per annum of powder pesticides formulation capacity at Kotputli," said the company's Managing Director M K Dhanuka. The project will be funded through internal accruals, and the first phase will be ready by January 2015. It will take the total capacity of the company to 10,000 litres of liquid
19
Mar 2014
ISVEA brand to be launched in India by July 2015

Cera Sanitaryware has entered into a marketing agreement with ECE Banyo, the owners of Italian Luxury Sanitaryware brand ISVEA for a period of 5 years, which can be extended later, exclusively for sales, distribution and marketing of ISVEA brand in India. Products of ISVEA brand are designed by well-known Italian designers. The launch of ISVEA brand by the Company in India is expected by July, 2015.
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19
Mar 2014
ISVEA brand to be launched in India by July 2015

Cera Sanitaryware has entered into a marketing agreement with ECE Banyo, the owners of Italian Luxury Sanitaryware brand ISVEA for a period of 5 years, which can be extended later, exclusively for sales, distribution and marketing of ISVEA brand in India. Products of ISVEA brand are designed by well-known Italian designers. The launch of ISVEA brand by the Company in India is expected by July, 2015.
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