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Fidelity Growth Partners India invests in Richcore

| January 16, 2013

In India, Fidelity Growth Partners India has invested Rs. 30 crore in Richcore Lifesciences Pvt. Richcore plans to use the money to expand it’s geographical coverage and in R&D. An article on livemint.com quotes chairman and managing director at Richcor, Subramani Ramachandrappa as saying, “We believe Fidelity is the ideal partner with whom we can embark on our next phase of growth, which includes expansion of our research organization for the development of new enzyme technologies, building an international marketing presence and enhancing our manufacturing capabilities.”

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Category: Investors

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