1. IEP Raising $500M Fund, Gets Initial Commitment For A Quarter

    India Equity Partners (IEP) is raising its second private equity fund with a target of $500 million and has already received commitments for around $130 million. In the process, it joins a list of India-focused PE firms, either raising their maiden funds or follow-on funds with a bigger corpus. At present, IEP is investing out of its first fund worth $350 million. It has also been chasing investments in companies engaged in sectors like consumer products, food services, healthcare, education and consumer finance, as well as logistics and utility services sectors. read more
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