Coffee Day raises $75 m

With this the group has concluded $200 million of total funding in the last financial year. However, the company declined to confirm the development. 
 
Kohlberg Kravis Roberts & Co (KKR) and Standard Chartered Private Equity (SCPE) had inked $75 million and $50 million investments respectively in March 2010. The three PE firms, who have invested through convertible instruments, will together hold around 25 per cent stake in the company indicating a valuation of over $800 million, said a news report on  www.vccircle.com.