India: Patanjali Ayurved hires investment banks to raise over $150m

India: Patanjali Ayurved hires investment banks to raise over $150m

Patanjali Ayurved founder Baba Ramdev with group CEO and managing director Acharya Balakrishna. Photo: Pradeep Gaur/Mint

Yoga guru Baba Ramdev’s Patanjali Ayurved has hired two investment banks to raise structured credit worth Rs1,000 crore, two people aware of the development said.

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