Gaja Capital raises Rs.125-Cr in Pre-IPO placement

Gaja Capital (via Gaja Alternative Asset Management Company) has raised INR 125 crore at a valuation of INR 1,625 crore as it prepares to become the first standalone private equity firm in India to list on stock exchanges. SBI Life, HDFC Life, Enam and stock market investor Jagdish Master participated in the pre-IPO placement.