Baring Private Equity Partners India Invests Additional US$18 Million in Dabur (Asia)
Source: VCCircle | Author: Diksha Dutta
India-focused private equity firm Baring Private Equity Partners India (BPEP India) has invested US$18 million in Indian consumer products manufacturer Dabur India, its second investment in the company. In late 2012, BPEP India invested around US$45 million in the company, which is listed on both the Bombay Stock Exchange and National Stock Exchange, for a 1 percent equity stake. Following the most recent share purchase, Baring owns a 1.5 percent stake in Dabur.