News - Portfolio Company News

NSR today announced the successful closing of an investment by its
Gastronomy portfolio company to acquire the majority interest in Moshe’s Fine Foods Pvt. Ltd. Moshe’s specializes in the hugely popular Mediterranean cuisine influenced from parts of Italy, Spain, Turkey,
Egypt and the Middle East, with focus on natural and fresh cooking at reasonable price points. Moshe’s operates in Mumbai through three formats: two Casual Dining Restaurants, seven Cafés and two QSR
formats. Moshe’s also operates a high end catering business and its exquisite range of baked goods, desserts and savories are also sold at high end retail outlets. The capital infusion will be invested in
augmenting existing infrastructure to expand further within Mumbai, and also set up new infrastructure for expanding into newer cities such as Pune, Bangalore and New Delhi.

New Silk Route Partners, an Asia-focused private equity fund, said on Tuesday it picked a significant minority stake in educational support services provider Varsity Education Management Pvt Ltd for an undisclosed sum.

New Delhi: Asia-focused private equity (PE) firm New Silk Route Partners LLC Tuesday said it has acquired a minority equity stake in India-based educational support services provider Varsity Education Management Pvt Ltd for an undisclosed sum.