Deal Roundup: Warburg Pincus sells Indian jeweller stake, Inflexion buys Cutwel from NorthEdge

Warburg Pincus is selling a more than 2% stake in India’s Kalyan Jewellers for about INR13bn ($155m). The private equity firm bought into Kalyan ten years ago, and held an almost 25% stake following the company’s IPO in 2021. Kalyan sells diamond and gold necklaces and other jewellery online and through a series of more …