18
Mar
Mumbai (Maharashtra) [India], March 18: JM Financial Private Equity (the “Fund”) has finalized an investment of INR 450 mn in Energy Beverages Pvt. Ltd. (“Clear” or the “Company”). Energy Beverages Private Limited owns a fast-growing national bottled water brand, “Clear.” Founded by first-generation entrepreneur Mr. Nayan Shah, the Company has emerged to become a leading player in the HoReCa (hotels, restaurants & cafés) segment and is gaining a footprint in the retail market in India. Mr. Nayan Shah has over 18 years of experience in the beverage industry. With a pan-India footprint, the Company is strategically expanding its distribution across…
