Lighthouse Funds invests Rs 229 crore in Safari Industries

Mid-market consumer and healthcare-focused fund Lighthouse Funds has invested Rs 229 crore in luggage maker Safari Industries through its recent fund Lighthouse India Fund IV AIFThe domestic luggage market is estimated at Rs 15,000 crore, with organised players having a 40% share, according to ratings agency Crisil. Lighthouse Funds' marquee investments include Bikaji Foods, Nykaa, Fabindia, and Ferns N Petals
Read The Rest at :