India: PE firm New Silk Route plans second fund

Visual from the New Silk Route website. September 2015

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.

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