Alternate investment funds Royal Alpha Growth and Vorton Capital have picked up a combined 1.2 percent stake in KV Toys India, according to disclosures.
Both funds are managed by asset management companies founded by Kalpesh Dhakad and Nikhil Dhakad. The investment signals growing institutional interest in KV Toys India, which operates in the toys and consumer products segment.
While the company has not disclosed further details on the transaction value or future plans, the entry of well-known AIFs is seen as a positive development and reflects confidence in KV Toys IndiaтАЩs business prospects and growth potential.
