India: Sathguru Management plans to raise $100m food & agri fund

Hyderabad-based consulting firm Sathguru Management Consultants is in the process of raising $100 million for an Innovation in Food and Agriculture Fund, according to a report in The Economic Times.

The new fund, which will be managed by the firm’s fund management company Sathguru Catalyser Advisors, is likely to invest in eight to 12 companies. The average size of investment by the fund is estimated to be around $8 million each in lieu of a significant minority stake.

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