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Fidelity invests $40mn in Aptuit of India as US partner cuts holding

This article was originally published in Scrip

Executive Summary

Fidelity Growth Partners India, the private equity arm of the global asset management giant Fidelity, and certain other existing investors are investing about Rs2 billion ($40.6 million) in Hyderabad-based Aptuit Laurus, a transaction that will see US partner Aptuit's holding in the Indian firm reduced to a minority.



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