Funding to the nearly three-decades-old, Ahmedabad-based company will help accelerate product innovation, channel partnerships, brand building and also acquisitions, the statement added. At present, it portfolio consists of premium tiles, faucets and sanitaryware, which are sold through over 200 exclusive brand outlets in India and globally.
source https://economictimes.indiatimes.com/industry/banking/finance/carlyle-to-pick-up-minority-stake-in-varmora-for-usd-90-95-million/articleshow/92528809.cms
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