India: Multiples PE marks first close of third fund; Actis nears Symbiotec stake sale

India: Multiples PE marks first close of third fund; Actis nears Symbiotec stake sale

Photo: Reuters

Mid-market private equity firm Multiples Alternate Asset Management Pvt. Ltd has reached the first close of its third fund, while Actis Advisers Pvt. Ltd is in final talks with a consortium of private equity investors to sell its stake in Symbiotec Pharmalab.

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