India Dealbook: Nalanda Capital picks stake in Elgi Equipments; Quikr invests in hyperlocal search engine WoNoBo

India Dealbook: Nalanda Capital picks stake in Elgi Equipments; Quikr invests in hyperlocal search engine WoNoBo

Visual from Quikr website

Private equity firm Nalanda Capital has picked over 2 per cent stake in Elgi Equipments for a total consideration of nearly $6.5 million, while online classifieds portal Quikr has invested an undisclosed amount in Genesys International Corp led hyperlocal search engine WoNoBo.com.

PE firm Nalanda Capital buys stake in Elgi Equipments

Private equity firm Nalanda Capital has picked slightly over 2 per cent stake in Elgi Equipments Ltd for a total consideration of nearly $6.5 million (Rs 42 crore).

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