ChrysCapital Partially Exits Cyient (Asia)

Source: VCCircle | Author(s): Anuradha Verma

ChrysCapital, an investment firm that focuses on growth sectors in India, has partially exited India-listed IT company Cyient, formerly known as Infotech Enterprises. ChrysCapital returned around INR800 million (approximately US$13 million) through open market transactions, resulting in a reported 3x return on its original May 2013 investment.