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Sapphire Textile Mills is a subsidiary of Sapphire Group (Urdu: سفائر), which is a Pakistani vertically integrated textile manufacturer, producing cotton yarn, fabric, and finished garments. [2] It is based in Lahore , Pakistan.
The firm was founded in 1996 as the venture capital arm of multinational software conglomerate SAP [26] and spun out as an independent company in 2011, rebranding to Sapphire Ventures in 2014. [27] At the time, Sapphire Ventures managed $1.4 billion and had invested in more than 125 companies, with 10 companies going public and 17 getting acquired.
In 2003, Sapphire made an equity investment of Rs300 million in the unlisted associated company, Sapphire Finishing Mills Limited. [5] In 2009, Sapphire invested 980,000 Danish krone in Beirholms Sapphire A/S, a company registered in Denmark. [6] In 2014, the retail division of the company, Sapphire Retail, was founded by Nabeel Abdullah. [7]
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Sapphire Retail is a Pakistani clothing retailer. [2] It is a whole-owned subsidiary of public limited company Sapphire Textile. [1] The retailer is based in Lahore ...
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