Aditya Birla Private Equity has invested for a minority stake in Creative Lifestyles Pvt Ltd, with a valuation of over Rs 300 crore, the latter said in a statement issued here, without disclosing the consideration.
Creative Lifestyle is the owner of women's apparel brands, 109F, Fusion Beats and O2xygen.
Aditya Birla Private Equity has invested through its Sunrise Fund. The consumption space to which Creative belongs is one of the four stated focus areas of the fund.
Commenting on the investment, D Muthukumaran, CEO of Aditya Birla Private Equity, said, "We are excited to be part of the growth story at Creative Lifestyle. "In the last 9 years, the Creative team has built up a strong presence in women's branded apparel segment, which we believe has high potential for exponential growth in the coming years",  Muthukumaran added.
Birendra Agarwal, Chairman at Creative Lifestyle, stated, "We believe our partnership with Aditya Birla Private Equity will help in taking the company to the next level on the back of an impressive growth we have already achieved since inception in 2006.”
The brand 109F, launched in 2006, which caters to casual western wear, has presence in over 366 retail outlets, including 35EBOs and 331 large format stores.


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