Private equity firm New Silk Route plans to launch its second fund soon after the initial public offering of Cafe Coffee Day (CCD), India’s biggest homegrown coffee chain, said a report in The Economic Times.
Coffee Day Enterprises Ltd (CDEL), the holding company of the CCD, has filed a draft prospectus with regulators for an initial public offering (IPO) to raise as much as Rs 1,150 crore ($181 million) later this year.
