Redtape Founders Eye $509 Million Stake Sale, Approach Global Investors

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views

Redtape’s founding family is exploring a stake sale worth up to $509 million, appointing Ernst & Young as financial adviser. The promoters have reached out to global private equity giants Blackstone and KKR to gauge interest, signaling a major strategic move in India’s footwear and apparel sector.