Private equity group India Agri Business Fund will invest $10 million (about Rs 48 crore) to pick up around 22 per cent stake in Gautam Thapar-promoted Avantha Group's food division Global Green Company. The fund will invest another $40 million this year in food and agri sector, said Rajesh Srivastava, chairman & Managing director, Rabo Equity Advisors, the sponsor of the $100 million fund. The investment in Global Green Company will be used to expand the company's domestic business, which is primarily into exports market currently, he said. […]