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Tulip Tele Looks To Raise $75M From PE Firms

Monday, November 14, 2011 | More »

Tulip Telecom is in advanced talks with private equity firms to raise up to $75 million in the current fiscal year, its head said on Monday. Tulip, a corporate data services provider, has been looking to raise money to fund expansion plans. In May this year, its board approved plans to raise Rs 10 b...