India Digest: Future Lifestyle to raise funding from AION Capital; Patanjali to acquire Ruchi Soya

India Digest: Future Lifestyle to raise funding from AION Capital; Patanjali to acquire Ruchi Soya

Photo: Mint

Kishore Biyani-led Future Lifestyle Fashions is looking to raise about Rs 300 crore ($43.6 million) from AION Capital Partners. In a separate development, the National Company Law Tribunal has okayed Baba Ramdev-promoted Patanjali’s revised bid to take over Ruchi Soya for Rs 4,350-crore.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter