This investment marks the first deployment from IndiaRF's second fund, which is currently being raised, and its second investment in the specialty chemicals sector.
With over USD 20 billion in assets, Bain Capital's Special Situations strategy supports companies, entrepreneurs, and asset owners through growth, M&A, liquidity, and distressed investments, offering tailored solutions and partnerships across all market cycles.
Macrotech Developers acquired stakes of 30%, 33.33%, and 33.33% in Bellissimo Digital, Palava Induslogic 4, and Bellissimo In City FC for INR 307 crore, with completion timelines of 30 to 180 days.