SIDBI VC exits exporter Western India Cashew Co
SIDBI VC has exited from Western India Cashew Company Pvt Ltd, a Coimbatore, TN- and Kollam, Kerala -based company focused on the exports of value-added cashews.
From the Venture Intelligence PE-VC Deal Database: In Mar 2015, SIDBI VC had committed to invest upto INR 20 crore in Western India Cashew Company. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.) From the Venture Intelligence Private Company Financials Database: Western India Cashew Company reported INR 348.74 Cr in Consolidated Operational Revenue in FY20 versus INR 327.01 Cr in FY19. The company also reported INR 12.66 Cr in Profit After Tax in FY20, compared to INR 4.69 Cr in FY19. (Subscribers to the database can login to view the detailed financials.)
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