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CESC Ventures acquires 64.63% stake in Herbolab

04 Jun 2019 Evaluate

CESC Ventures has executed an agreement on June 03, 2019 (Investment Agreement) and has acquired 64.63% shareholding in Herbolab India (Herbolab).

The investment in Herbolab will help the company expand its existing portfolio into ayurvedic products manufacturing segment. This acquisition will bring in many synergies in the company's business and long term strategies.

CESC Ventures formerly known as RP-SG Business Process Services.

Peers
Company Name CMP
TCS 2430.00
Infosys 1146.30
HCL Technologies 1374.15
Wipro 195.40
Tech Mahindra 1772.30
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