PremjiInvest buys 6% stake in Future Retail for $252m

PremjiInvest buys 6% stake in Future Retail for $252m

Future Group chairman Kishore Biyani. Photo: Hemant Mishra/Mint

PremjiInvest, the family office of Wipro chairman Azim Premji, has picked up 6% stake in Future Retail Ltd, the company said. PremjiInvest bought the stake in a bulk deal from Cedar Support Services Ltd, a subsidiary of Bharti Ventures Ltd.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter