PE funds take a bite of farm infrastructure firms as food prices surge Feb 27, 2012
MUMBAI: Rising food prices and the impending Food Security Bill are driving private equity funds to invest in potential small and medium-sized agri-infrastructure firms. In a recent deal, IDFC's private equity fund bought a minority stake in Jaipur-based Staragri Warehousing and Collateral Management at Rs 150 crore. "Food prices are shooting up and we expect this firm to earn..