Firm appoints three independent directors, including veterans from banking and consumer sectors, as it sharpens sectoral strategy and reinforces governance across portfolio companies
Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital
The sweet spot for the third fund would be around Rs 125-150 crore as compared to around Rs 60-65 crore in the previous fund
Prasad Gadkari, who was with IDFC PE earlier will be heading the new fund
Gadkari brings with him more than 20 years of experience with his last assignment as the Partner at IDFC Private Equity