Future Ventures India has picked up 33% stake in Mumbai-based KFC Shoemaker, owners of footwear brands Tresmode and Solovoga for an undisclosed amount..Khaitan Sud and Partners advised KFC Shoemaker with a team led by Principal Associate Amitesh Bhattacharya along with Associate Minal Madan..Verus Advocates advised Future Ventures with a team led by Partner Jay Parikh along with Associate Souvik Roy..Post investment, KFS Shoemaker will become an associate of Future Ventures and operational performance of the business will form part of the consolidated financials of Future Ventures, reports Dealcurry..This transaction marks the second investment in the footwear segment by Future Ventures, which had earlier invested in Clarks Footwear.
Future Ventures India has picked up 33% stake in Mumbai-based KFC Shoemaker, owners of footwear brands Tresmode and Solovoga for an undisclosed amount..Khaitan Sud and Partners advised KFC Shoemaker with a team led by Principal Associate Amitesh Bhattacharya along with Associate Minal Madan..Verus Advocates advised Future Ventures with a team led by Partner Jay Parikh along with Associate Souvik Roy..Post investment, KFS Shoemaker will become an associate of Future Ventures and operational performance of the business will form part of the consolidated financials of Future Ventures, reports Dealcurry..This transaction marks the second investment in the footwear segment by Future Ventures, which had earlier invested in Clarks Footwear.
