PM Balakrishna and Rajneesh Bahl will be EVPs at newly formed Percept Media
Manuj Agarwal returns to Percept as chief executive officer of the division
Percept limited has raised a private equity investment of Rs 62 crore from Indivision India Partners (Indivision), Mauritius. Percept had earlier received investments from Passport Capital and Edelweiss. With Indivision’s investment, the total strategic private equity investment in Percept till date, is Rs 150 crore. This investment was facilitated by Future Capital, local advisors to Indivision.
In a recent restructuring exercise, Percept has renamed its main company, Percept Holdings, as Percept Limited. The different companies operated by Percept will now come under Percept Limited as divisions. The joint ventures and offshore entities, however, will remain at the subsidiary (investment) level.
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