Private Equity Private Equity Fund Investments
Rare Enterprises to invest in Syska LED Lights
Source Mint (opens in a new tab)
Rakesh Jhunjunwala promoted Rare Enterprises and its partners are to invest in Pune-based Syska LED Lights Pvt Ltd, promoted by the Uttamchandani family. About 15% of the funds have been deployed already.
Starting with Guru Nanak Marketing, a company that was involved in the distribution of T-series Audio cassettes, CDs and audio video systems for Maharashtra, the Syska Group has today diversified into electronic product categories such as as LED, Personal Care Appliances, Mobile accessories, Home Appliances.