equity stake

NEW DELHI: Sports marketing company Rhiti Group, fronted by Indian cricketing icon MS Dhoni, has announced a partnership with Mumbai based convenience services provider Stanvee "to help elevate their brand experience and public profile". 

An agreement to this effect, which also involved Rhiti taking up equity stakes in Stanvee India, was signed by Arun Pandey, chairman & managing director (CMD), Rhiti Group and Suraj Kumar Behera, CMD, Stanvee Group, recently.

Financial terms and size of equity holding were not disclosed.

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