Advent-backed Manjushree Technopack plans to fast track growth via M&A

Advent has acquired Enamor from India Alternatives, Faering Capital and the promoters for about $45 million.

Yes Bank’s chief executive Ravneet Gill needs to urgently raise funds to shore up the lender’s capital buffers.

Advent has acquired all the shares held by Kedaara Capital, and a portion of the promoter Kedia family’s stake in Manjushree Technopack.

The private equity firm has hired Citigroup to handle the exit mandate.