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Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which will be its fourth in 12 years, was raised in just four months beginning last December and would even surpass Chrys Caps $1.3 billion Fund IX raised in 2023. Around 85% of Kedaaras new fund was raised from existing backers, including the three of the largest Canadian pension funds – CPPIB, CDPQ, and Ontario Teachers Pension Plan (OTPP).

Kedaara Capital has marked the final close of its fourth fund, raising the largest corpus by any Indian private equity firm till date, VCCircle has ......

Kedaara Capital has closed its $1.73 billion fund, Kedaara IV, the largest fund raised by an India private equity fund in 12 years. The fund, which will be its fourth in 12 years, was raised in just four months beginning last December and would even surpass Chrys Caps $1.3 billion Fund IX raised in 2023. Around 85% of Kedaaras new fund was raised from existing backers, including the three of the largest Canadian pension funds – CPPIB, CDPQ, and Ontario Teachers Pension Plan (OTPP).

Business News: Vellayan Subbiah, chairman of Cholamandalam Finance and executive vice chairman, Tube Investments of India, has been awarded the esteemed EY Entrepreneur of the Year™ Award 2023.

Vellayan Subbiah will represent India at the EY World Entrepreneur of the Year Award in Monte Carlo from June 4-7