Indian PE giant ChrysCapital invests $50m in Safex Chemicals

Indian PE giant ChrysCapital invests $50m in Safex Chemicals

Photo by Pepi Stojanovski on Unsplash

Safex Chemicals India Ltd, an agrochemical company, on Wednesday said homegrown private equity firm ChrysCapital is investing $50 million in the company for a significant minority stake. The transaction involves a combination of secondary sale by an existing PE investor, BanyanTree Growth Capital, along with a primary raise by the company for growth initiatives, it said in a statement.

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