IFC Invests In Kedaara

Kedaara Capital has raised a record $1.7 billion to put it on par with the deep-pocketed global players that have dominated the space for years

About 80% of the fund will come from backers of Kedaara's previous funds and 20% will come from new ones that include US- based Cleveland Clinic and the University of Minnesota

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