India Dealbook: Belgium's Verlinvest picks stake in Future Group's FMCG arm; Exploride raises $380k, three times of its initial target

India Dealbook: Belgium's Verlinvest picks stake in Future Group's FMCG arm; Exploride raises $380k, three times of its initial target

Visual sourced from IndieGoGo website

Belgian private equity fund Verlinvest has acquired 2.9% stake in Kishore Biyani-led Future Consumer Enterprise Ltd (FCEL) for a consideration of about $10 million. In the startups space, futuristic head-up display (HUD) maker Exploride zooms past initial goal raising over $380,000 from its IndieGoGo campaign.

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