Ahmedabad-based Nimish Finance Pvt Ltd, has picked up 50 per cent stake in Avity Agrotech Pvt Ltd, company’s top executive told DEALSTREETASIA.
However, he declined to share the value of the deal which was closed two-three months ago. As part of the investment, Miten Manchanda, partner at Nimit Finance, has joined Avity Agrotech’s board.