V2 Retail has 44 stores across 13 states in India and targets reaching a store count of 100 in the next two to three years.
"Lighthouse, a middle market private equity firm focused on growth investments in India's consumer sector, announced today that funds affiliated with the firm have made an investment of Rs 76 crore in V2 Retail Ltd.
"The investment will be used to accelerate V2 Retails store expansion plans," V2 Retail said in a statement.
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