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PE firm Proterra exits legacy India bet with poor returns

By Bruhadeeswaran R

  • 07 Dec 2020
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PE firm Proterra exits legacy India bet with poor returns
Credit: VCCircle

Private equity firm Proterra Investment Partners has exited an Indian technology infrastructure management services company that it had backed in a previous avatar 14 years ago. An affiliate of Proterra sold its entire 8.7% stake in Bengaluru-based Microland Ltd for Rs 18 crore ($ 2.4 million) late last month, VCCircle has ......

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