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Ryka Commercial Ventures

Stage

Private Equity | Alive

Total Raised

$100M

Last Raised

$100M | 6 yrs ago

About Ryka Commercial Ventures

Ryka Commercial Ventures is the holding company for some Future Group firms.

Headquarters Location

i

Mumbai,

India

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Latest Ryka Commercial Ventures News

Blackstone makes initial investment in Indian fashion sector

Nov 26, 2019

International private equity firm Blackstone has invested roughly US$244 million in debentures in Future Lifestyle Fashions holding company Ryka Commercial Ventures. The deal is accompanied by Blackstone’s acquisition of a 6-per-cent shareholding in Future Lifestyle. The firm is now Ryka’s sole financial partner. “This is our first investment in this sector,” said Blackstone’s head of tactical opportunities, Asia Kishore Moorjani in a DealStreetAsia report. “We look forward to being a value-added investor as FLFL and the Future Group continue to cater to the fashion needs of aspiring India.” The funds have been used to resolve all Ryka’s existing financial obligations. “Blackstone will support us in the continued growth of our fashion business, bringing global perspectives that will help us take FLFL to the next level,” said Future Group CEO Kishore Biyani. Post Views: 7

Ryka Commercial Ventures Frequently Asked Questions (FAQ)

  • Where is Ryka Commercial Ventures's headquarters?

    Ryka Commercial Ventures's headquarters is located at Mumbai.

  • What is Ryka Commercial Ventures's latest funding round?

    Ryka Commercial Ventures's latest funding round is Private Equity.

  • How much did Ryka Commercial Ventures raise?

    Ryka Commercial Ventures raised a total of $100M.

  • Who are the investors of Ryka Commercial Ventures?

    Investors of Ryka Commercial Ventures include AION Capital Partners.

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