ASK Pravi PE Opportunities Fund is investing Rs. 50 crore to acquire a minority stake in Indian Clothing league, a kidswear brand..Tatva Legal advised ASK Pravi with a team led by Bangalore Partner Manav Nagaraj along Manager Raghunath Ananthapur and Senior Associate Rashmi Talukdar..Indian Clothing League was advised by its in-house team..This investment will enable Indian Clothing League to grow its two brands—612 Ivy League and Baby League—by widening its distribution network and expanding its manufacturing capacity. This is the fund’s second investment following the investment in Omni Hospitals, a Hyderabad-based chain of hospitals that provide affordable healthcare, according to Mint.
ASK Pravi PE Opportunities Fund is investing Rs. 50 crore to acquire a minority stake in Indian Clothing league, a kidswear brand..Tatva Legal advised ASK Pravi with a team led by Bangalore Partner Manav Nagaraj along Manager Raghunath Ananthapur and Senior Associate Rashmi Talukdar..Indian Clothing League was advised by its in-house team..This investment will enable Indian Clothing League to grow its two brands—612 Ivy League and Baby League—by widening its distribution network and expanding its manufacturing capacity. This is the fund’s second investment following the investment in Omni Hospitals, a Hyderabad-based chain of hospitals that provide affordable healthcare, according to Mint.
