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Aditya Birla Private Equity picks up stake in Creative Lifestyles

Aditya Birla Private Equity has picked up a minority stake in Creative Lifestyles, the flagship company of the Mumbai-based Creative Garments, with a valuation of over Rs 300 crores. Creative Lifestyle is the owner of women's apparel brands, 109°F, Fusion Beats and O2xygen. Aditya Birla Group has been seeing considerable increase in contribution...