India : Infosys cofounder Nilekani invests in Fabindia

[ { "Section": "news", "Text": "REKOOP 2.0 - RECYCLED WITH CERTAINTY | Sustainable | Traceable | Innovative", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8Mq1Oc4w3Yu+G832e0CSDUiL8CDz6aNI3ifI7B86PwTSXvE9Lzil4Eg0VwhO5SFrCt7r+/LpDMPLK5+r0VuY6SBkHaI4ika8MoI7zfxNzLEhEjvGqBkX9ffWFo6f+gi0q08vNO6CbqB4eN34GRGtQzxSRVBRaHC4CwNFQoXoX0GDUx7iPrPJhndOKB8rexSHwsoSVDVe7E/NBBYAMbj75+dFmYiA6DH1TKw1b9HwZ3JXV8b6A8RVlXqytYOqXTJHK1s7D47gdDPStWPX+DMaJpjOdFu3cq4SBiShFTOfOH9QI/cZKrSkyHQtIuJsLnd1ObioxRlGDhodDyIgNc3ReoOPHAjLRPOD6pyJmwdaHwCWg4=", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8Mq1Oc4w3Yu+G832e0CSDUiL8CDz6aNI3ifI7B86PwTSXvE9Lzil4Eg0VwhO5SFrCt7r+/LpDMPLK5+r0VuY6SBkHaI4ika8MoI7zfxNzLEhEjvGqBkX9ffWFo6f+gi0q08vNO6CbqB4eN34GRGtQzxSRVBRaHC4CwNFQoXoX0GDUx7iPrPJhndOKB8rexSHwsoSVDVe7E/NBBYAMbj75+dFmYiA6DH1TKw1b9HwZ3JXV8b6A8RVlXqytYOqXTJHK1s7D47gdDPStWPX+DMaJpjOdFu3cq4SBiShFTOfOH9QI/cZKrSkyHQtIuJsLnd1ObioxRlGDhodDyIgNc3ReoOPHAjLRPOD6pyJmwdaHwCWg4=" }, { "Section": "news", "Text": "Sustainability goes CIRCULAR | Be a part of our Initiative | Know More", "LandingURL": "https://adsclick.fibre2fashion.com/app/clk/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=", "Order": "1", "Type": null, "ImpressionURL": "https://adsclick.fibre2fashion.com/app/imp/?q=07lrR3Iex48lWl+gszBH7x8K0JeON8MqFG1JK+7DlGeFWtEiUV5qh5vokXqpu0uPvPpxWAb0jutY7a+4wESKGh6j0Z0wx9Q8SC/hYYdPstaqg50huZQ1W3URAZhdIsFc8C0Cpnz5gCGp3Nfn0KEWpmHWivXVakVJyENF/ssjHyUYA3PApZTXUrVgSwRdh54r6+iXKMvJioLg8//Pmt8uqOhk0Id2cDXDqK8j3jtn1Lt/FDzABvfZYkZcvs+Fp9grgexBA1z18bWdH8BZ6Sr3gCFLCihDdetzvikgWlqCMoDZ/c7cRNEBkNgxGXN+GY9lvqwzNd1cfpr1p51X4XJDTStIiHxgCwtTrvQSskkHAy/xsMXop9Y3104wFlSwhSgELpJTG5LrSITjd31v9jvPZEJNdWpwsXBwCEqzIfH7tsfG0sdjH7dCtbs/qD2jSrTYQ74NgXLmQsptK/+FWtTcHte4bIoE4fzsZUIUaqcCvaY=" } ]

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Apparel/Garments / Infosys cofounder Nilekani invests in Fabindia

Infosys cofounder Nilekani invests in Fabindia

07
Dec '16

Courtesy: Fabindia

Through their family office Entrust, Infosys cofounder Nandan Nilekani and his wife Rohini have invested about Rs 100 crore for a 2 per cent stake in ethnicwear brand Fabindia, in which Wipro founder Azim Premji already owns a 25 per cent stake. This stake sale values Fabindia, which operates 229 stores in India, at approximately Rs 5,000 crore.

This was disclosed by two persons familiar with the deal to a leading daily. Earlier this year, existing investor Azim Premji had bought an additional 8 per cent stake in Fabindia, which increased his stake to 25 per cent in the company. The rest of the stake is held by the founder, the Bissell family, employees and other minority shareholders.

Along with managing stores in India, Fabindia also operates 10 stores in overseas markets and also runs an ecommerce website. (AR)

Fibre2Fashion News Desk – India

More Fab India News... More Apparel/Garments News - India...