Fund News
Gaja Capital files confidential draft IPO papers
Private Equity firm Gaja Capital (Gaja Alternative Asset Management Company) has filed confidential draft papers with the capital markets regulator Sebi for an initial public offering (IPO).The proceeds from the IPO will be used by the fund managers to seed new funds and expand distribution capabilities both in India and abroad. The capital will also be used to diversify into new fund management strategies.Founded in 2004, Gaja Capital manages a private equity and alternative asset management firm, focused on providing growth capital to entrepreneurs. The firm has invested across key sectors such as education, consumer, and financial services. Earlier this month, Gaja Capital raised INR 125 crore in a pre-IPO funding round.
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