India-focused private equity fund manager Lighthouse Funds has fully exited its stake in cookies maker Unibic Foods India to India-focused private equity firm Peepul Capital. Peepul, which was a majority shareholder in the company prior to the transaction, increased its stake in the company to 97.6 percent through the investment. Lighthouse originally invested in Unibic Foods in 2007 through India 2020 Opportunity Fund, and Peepul originally invested in 2012. Financial details of the transaction were not disclosed.