Baring Asia in talks to buy stake in Privi Organics

Standard Chartered PE, which invested Rs 85 crore ($15 mn) two years ago, is expected to achieve a 3X return from the exit

CLARIFICATION
We had published an article saying Baring Asia was in talks to acquire a minority stake in Privi Organics. However, Privi Organics said that the report was not factual and was devoid of truth. We have removed the article. The error is regretted.