Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

Domestic investment bank Inga Ventures (Inga) and tied up with Singapore’s TIH to launch a private equity fund that will invest in mid-sized companies.

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore.

It will follow a sector agnostic approach with positive bias towards specialty chemicals, FMCG, electronics, food, agriculture and healthcare sector.