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Vaibhav Gems Ltd. Receives $35 Million (US) Investment From Nalanda Capital.

Publication: Business Wire
Publication Date: 30-OCT-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
JAIPUR, India -- Vaibhav Gems Ltd. (NSI:VAIBHAVGEM), a multi-national company in the jewelry industry, today announced an investment by Nalanda Capital's India Fund equaling 14.9 percent share of the company in the form of Global Depository receipts and an additional 5% stake through warrants. The total transaction size, if warrants are exercised, will be about US $35 million.

Nalanda Capital Pte....

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