Tuesday, 22 January 2013
Deal Alert: Bharat Light and Power raises Rs.200-Cr
Posted on 19:48 by Unknown
Bharat Light and Power (BLP), an Aurangabad-based renewable power projects firm founded by former General Electric India boss Tejpreet Singh Chopra, has raised Rs.200 crore from PE and VC funds. While new investor UTI Capital has bought a 16.98% stake for Rs.50 crore, existing VC investors VenturEast and DFJ made an additional investment of Rs.50 crore. The company has also raised Rs.100 crore
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