PE giants line up for RedTape in deal valuing footwear maker at up to ₹5,000 crore

📅 Published: January 31, 2026 | 📂 Category: Uncategorized

Private equity firms Apax Funds and Advent International are pursuing a majority stake in Indian footwear company RedTape, valuing it at ₹4,500 crore-5,000 crore. The promoters, who hold 71.79%, may sell a significant portion of their shares.

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