AZB, Wadia Ghandy and OP Khaitan lead on Warburg Pincus, Faering Capital’s Rs.300 crore investment in Biba Apparels

Private equity firms Warburg Pincus and Faering Capital have invested Rs.300 crore ($49.1 million) in Biba Apparels, making it one of the largest private equity investments in the Indian ethnic wear market.