Fulcrum Venture India Exits Real Estate Firm Casa Grande (Asia)

Source: Economic Times  |  Author: Radhika P. Nair

Indian private equity investor Fulcrum Venture India has exited its holding in Indian real estate firm Casa Grande, a developer of luxury villas and apartments, by selling its stake to the management of Casa Grande for INR500 million (approximately US$9.6 million). Fulcrum originally invested INR48 million (approximately US$1 million) in the company in 2004. The sale reportedly generated a return multiple of approximately 10x.