India: Manyavar parent may sell 15% stake to L Catterton, Kedaara Capital

India: Manyavar parent may sell 15% stake to L Catterton, Kedaara Capital

Photo: Mint.

Private equity (PE) funds Kedaara Capital and L Catterton are in separate discussions to buy a minority stake in Vedant Fashions, the owner of ethnic wear brand Manyavar, according to two people aware of the development.

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