Venture Intelligence (TSJ Media Pvt. Ltd.)
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Bahrain's Investcorp to launch India-focused PE fund with target corpus of $400-M
Bahrain-based Investcorp is set to launch a new private equity fund with a target corpus of USD 400 million in 2022. Investcorp, which entered India in 2017 with the acquisition of funds managed by IDFC Alternatives, manages USD 37.6 billion of assets across 12 countries in North America, Europe, the Middle East and Asia. Its investments include InCred (fintech), Zolostays (shared economy residences), Citykart (retail), ASG Eye Hospital (healthcare), Bewakoof (lifestyle fashion), NephroPlus (healthcare), Unilog (eSaaS) and Safari Luggage, among others. With its planned USD 400 million fund, the firm will also write larger cheques of USD 25-50 million.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.