PE for Biba

Private equity firms Warburg Pincus and Faering Capital have invested Rs 300 crore in Biba Apparels, a women and girls ethnic apparel brand. Biba will be using the investment for adding 200 stores in the next three to four years.

Private equity firms Warburg Pincus and Faering Capital have invested Rs 300 crore in Biba Apparels, a women and girls ethnic apparel brand. Biba will be using the investment for adding 200 stores in the next three to four years. It also plans to expand its distribution network.

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