Franchiseindia.com:
Re-feel Catridge Engineering Pvt. Ltd, a company for printer cartridge refill and laptop
repair services, has announced that TLG Capital is investing around five million USD for a 36 per cent stake in the company. TLG Capital is a UK based private equity company that invests in emerging markets and is going to focus on working with Re-feel to expand its operations in India.
Samit Lakhotia, Director Business Development, Re-feel informs, “We welcome the addition of this dynamic firm, who will work with us to consolidate and grow our business within India and overseas. The access to fresh capital will allow us to grow in accordance with the market and will help Re-feel stay ahead in the business. TLG’s network in sub-Saharan Africa will also prove invaluable to Re-feel’s expansion beyond Indian borders.â€