Think Investments sold 9,00,000 shares of Cantabil Retail India Limited for ₹22.68 Cr at ₹252.00 per share in a bulk deal.
A manufacturer and retailer of readymade garments established in 1989, Cantabil Retail operates across India's fashion and apparel sector. The company designs, produces, and sells clothing through its retail stores and distribution network. Cantabil maintains a vertically integrated business model, controlling both manufacturing and retail operations to serve customers across the domestic market with diverse product offerings.
San Francisco-based investment firm founded in 2013 by Shashin Shah, with a Mumbai office. Manages over USD 3 bn across listed and private India investments, with portfolio exits including Swiggy, Urban Company and BlueStone. Shashin Shah previously worked at Valiant Capital, Blue Ridge Capital and Morgan Stanley.
