Date:27/7/11,
Private Equity,
Cross Border Deal,
Kimaya Fashions Pvt Ltd, Mumbai based company sells designer wears, receives private equity investment from Franklin Templeton Private Equity Strategy and dilutes 20% stake.
Kimaya Fashions Pvt Ltd founded in 2002 by Pradeep Hirani and his wife Neha Hirani, It sells designer wears of more than 100 designers including Rohit Bal, Manish Arora, Tarun Tahilani, Wendell Rodricks, JJ Valaya and Robert Cavilli and sells under 'Kimaya' brand through exclusive stores.
Franklin Templeton Asset Management India PE arm, Franklin Templeton Private Equity Strategy (FTPES), is managed by FT India and advised by Darby Asia Investors India Pvt Ltd.
Franklin Templeton Asset Management India PE arm, Franklin Templeton Private Equity Strategy (FTPES), is managed by FT India and advised by Darby Asia Investors India Pvt Ltd.
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