Blackstone invests in seeds firm

Blackstone invests in seeds firm

Mumbai: Private equity firm Blackstone said on Tuesday it has taken a minority stake in unlisted Indian firm NSL Seeds for an undisclosed sum, marking its eighth deal in India.

NSL Seeds is a hybrid seed company engaged in production and marketing of cotton seeds, rice, sunflower and pearl millet seeds, it said in a statement.

No other details were immediately available.

Blackstone set up an Indian office in 2005 and has announced deals worth over $1 billion.

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