Nandan Nilekani, Rakesh Jhunhunwala invest in entity that owns Café Coffee Day

Report said that Nilekani and Jhunjhunwala have together invested Rs 100 crore in the pre-IPO placement.

Feb 20, 2015 08:02 IST India Infoline News Service

Nandan Nilekani
Infosys cofounder Nandan Nilekani and billionaire investor Rakesh Jhunjhunwala have acquired stakes in the entity that owns the Cafe Coffee Day chain, according to reports.
Report said that Nilekani and Jhunjhunwala have together invested Rs 100 crore in the pre-IPO placement.
The deal may be valued at Rs 6,000-6,500 crore. 
Radhakishan Damani, founder of retail chain D-Mart and a man reputed to be one of India's shrewdest investors, may deal a deal to acquire an undisclosed stake in Coffee Day Enterprises, report says.

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