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US' PROVIDENCE INVESTS Rs260 CRORE IN UFO MOVIEZ (which will use the funds to expand in India and international markets like Russia, Sri Lanka, UAE, Singapore, Malaysia and Indonesia).

India Business Insight

| April 20, 2011 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Private equity (PE) company Providence Equity Partners has invested around Rs260 crore in UFO Moviez India, based in Mumbai, which delivers high-definition content for digital cinemas.

It will take a minority equity stake in UFO Moviez, which will …

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