Fidelity Growth Partners India Invests INR300 Million in Richcore Lifesciences (Asia)

Source: Fidelity Growth Partners India

Fidelity Growth Partners India (FGPI), the India-focused private equity arm of Fidelity Worldwide Investment, has invested INR300 million (approximately US$5.4 million) in Richcore Lifesciences, an Indian manufacturer of enzymes for the energy, food and water industries. The company’s portfolio currently includes enzymes to aid sugar and alcohol processing, as well as enzymes for industrial wastewater treatment.