Venture Intelligence (TSJ Media Pvt. Ltd.)
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Kotak Alternates to raise Rs.800-Cr healthcare PE fund
Mumbai-based Kotak Alternate Asset Managers Ltd plans to raise INR 1,600 crore (about USD 190 million) through its latest healthcare private equity fund, tapping growth opportunities in life sciences and diagnostics. The fund has a target of INR 800 crore, and can collect an additional INR 800 crore through a greenshoe option.The fund plans to invest between INR 25 crore and INR 50 crore in the equity of each investee company. The firm has begun pitching the new fund through global and local roadshows including in New York to attract investors.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.