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Private equity funding for KPR Mills

COIMBATORE : KPR Mills has raised private equity funding of Rs. 105 crore for its expansion plans. According to a release, the company has embarked on a Rs. 500 crore expansion plan, mainly of spinning and apparel operations. The private equity funding is from Blue River Capital, Brandot Investments and Argonaut Private Equity. In 2005-06, KPR Mills registered revenues of Rs. 450 crore, the release said.

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