The Kotak India Growth Fund II raised the money within three months mainly from the client base of the group, it said in a statement. The private equity unit of the group manages three funds - India Growth Fund - I, India Growth Fund II and Kotak India Venture Fund I - and typically invests $15-40 million in each firm, the statement said.(Reuters)
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Kotak pvt equity fund raises $440 mln
Kotak Investment Advisors Ltd, an unit of Kotak Mahindra Bank , has raised $440 million through its third private equity fund, it said on Monday.
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