India Value Fund news and archive

India Value Fund to pick up majority stake in Spykar

According to the industry sources, India Value Fund Advisors (IVFA), an India-focused private equity (PE) fund, with a corpus of 1.2 billion dollars (over 7,000 crores), is picking up a controlling stake in Spykar Lifestyle. It may be recalled that Kishore Biyani’s Future Group, Spencer’s Retail of the RP-Sanjiv Goenka Group, the Aditya Birla...

Apparel

Everstone, India Value Fund, Aditya Birla eye stake in Spykar

Everstone Capital, India Value Fund and the Aditya Birla Group are said to be vying for a controlling stake in Spykar Lifestyle, the biggest home-grown denim brand. The three firms joined the race after Avigo Capital, which has 60 per cent stake in Spykar decided to exit mandating global investment bank Lincoln International to scout for...