Godrej Consumer Products is in talks with a clutch of private equity investors to raise USD 125 million, two sources with direct knowledge of the matter said on Tuesday.
The company is in talks with US giants Carlyle Group and Blackstone, as well as India's ChrysCapital and Standard Chartered Private Equity, the sources said.
Godrej has hired JM Financial Ltd to arrange the deal, sources said.
Source: Money Control