Private equity firm Lighthouse Funds invests $94M in Parsons Nutritionals, India's FMCG manufacturer, for expansion.

Private equity firm Lighthouse Funds invests ₹700 crore ($94M) in Parsons Nutritionals, a contract manufacturer in India's FMCG sector. This marks the first time the company has raised external funding from a private equity investor. Parsons Nutritionals, founded in 2002, produces packaged food, beverages, and personal care products. The investment will enable the company to expand its manufacturing capacities in existing and new product categories for its existing and new clients.

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