Fulcrum Part Exits Specsmakers with Stellar Returns
Specsmakers, one of South India’s largest optical chains, has successfully raised $10Mn. led by Fidelity Growth Partners. The fund raise puts the investment at a 69.4% IRR for Fulcrum at a 2.8x multiple. Fulcrum Fund II led a $4.3mn round into Specsmakers over 3 tranches between 2014-2016. - January 17, 2018
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