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IFC to invest up to $40 mn in Kedaara Capital's 2nd cap fund

The PE fund focuses on firms in environmental and social risk sectors

T E Narasimhan  |  Chennai 

IFC

(IFC), is planning for an equity investment of up to $40 million (Rs 260 crore) in Fund-II. 

This second fund of Kedaara, co-funded by Manish Kejriwal (pictured), is expected to be around $650 mn, with capital commitment to 10-12 Indian mid-market companies. It would be a limited liability partnership, to be advised by Advisory Services.

The private equity fund focuses primarily on growth-oriented companies operating in environmental and social ('E&S') risk sectors or businesses such as logistics, packaging, speciality chemicals & ingredients, pharmaceuticals and potentially finance companies.

IFC, the World Bank Groups's investment arm, has had $672 mn committed to 32 funds in India since the year 2000.

table

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IFC to invest up to $40 mn in Kedaara Capital's 2nd cap fund

The PE fund focuses on firms in environmental and social risk sectors

The PE fund focuses on firms in environmental and social risk sectors
(IFC), is planning for an equity investment of up to $40 million (Rs 260 crore) in Fund-II. 

This second fund of Kedaara, co-funded by Manish Kejriwal (pictured), is expected to be around $650 mn, with capital commitment to 10-12 Indian mid-market companies. It would be a limited liability partnership, to be advised by Advisory Services.

The private equity fund focuses primarily on growth-oriented companies operating in environmental and social ('E&S') risk sectors or businesses such as logistics, packaging, speciality chemicals & ingredients, pharmaceuticals and potentially finance companies.

IFC, the World Bank Groups's investment arm, has had $672 mn committed to 32 funds in India since the year 2000.

table

image
Business Standard
177 22

IFC to invest up to $40 mn in Kedaara Capital's 2nd cap fund

The PE fund focuses on firms in environmental and social risk sectors

(IFC), is planning for an equity investment of up to $40 million (Rs 260 crore) in Fund-II. 

This second fund of Kedaara, co-funded by Manish Kejriwal (pictured), is expected to be around $650 mn, with capital commitment to 10-12 Indian mid-market companies. It would be a limited liability partnership, to be advised by Advisory Services.

The private equity fund focuses primarily on growth-oriented companies operating in environmental and social ('E&S') risk sectors or businesses such as logistics, packaging, speciality chemicals & ingredients, pharmaceuticals and potentially finance companies.

IFC, the World Bank Groups's investment arm, has had $672 mn committed to 32 funds in India since the year 2000.

table

image
Business Standard
177 22