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Investcorp announces sale of Citykart to TPG NewQuest and A91 Partners

Investcorp has  announced the sale of its entire stake in Citykart, one of India’s fastest-growing value retailers focused on Tier-2 and Tier-3 towns, to TPG NewQuest and A91 Partners. It represents the fifth full exit from the firm’s India Consumer Growth Portfolio (ICGP) and the sixth liquidity event for the…

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Source: Investcorp

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