Peepul Capital Backs Herbal Cosmetics Player Banjara’s (Asia)

Source: VCCircle  |  Author: Madhav A. Chanchani

Indian private equity firm Peepul Capital has invested in Indian herbal cosmetics manufacturer Vishal Personal Care, which manufactures over 80 skin and hair care products under the brand Banjara’s. Peepul invested the capital from its US$320 million Peepul Capital III fund, which it raised in 2010. Financial details of the investment were not disclosed.