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Indian sari pioneer Satya Paul dies at 78

Indian fashion designer Satya Paul, whose eponymous brand breathed life into the traditional sari, modernising the garment with funky prints, has died at 78, his family said. Born on February 2, 1942, he first made his mark in the world of fashion retail with the 1980 launch of L'Affaire, India's first sari boutique, before establishing his own...

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Sequoia Capital invests in Genesis Colors ahead of IPO

Genesis Colors, the owner of luxury fashion labels such as Satya Paul, is looking to launch an IPO to fund its expansion plans and provide an exit route to its investors. It filed a draft IPO in September and got market regulator Securities and Exchange Board of India’s approval in February. Media reports suggest, Sequoia Capital invested around...

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