Bain Capital is planning to acquire an undisclosed stake in Delhi based
Lilliput Kidswear for around Rs 350 crore.
The funds are likely to be utilised by Lilliput to add stores and extend its
product range. It is in the process of opening 'Lilliput World' stores, where it
will retail soft toys, baby walkers, footwear, feeders and other accessories in
addition to clothing for children.
Currently, Lilliput operates more than 260 stores in India and nine in other
countries. It also supplies to retail chains such as GAP Kids, Primark, Old
Navy, Next and Carter's American Eagle.