VenturEast, Zephyr Invest US$6 Million in e2E Rail (Asia)
Source: Business Standard
India-focused private equity firms Zephyr Peacock Management India and VenturEast, through its VenturEast Proactive Fund, have jointly invested in e2E Rail, an Indian rail services company, for approximately US$6 million. Both funds reportedly plan to invest an incremental US$6 million in the company over the next several years. The capital will be used to help e2E expand its global presence, training facilities and working capital capacity.