India: PE firm Kedaara Capital may buy Munjals’ Sunbeam Auto for $100m

India: PE firm Kedaara Capital may buy Munjals’ Sunbeam Auto for $100m

Kedaara Capital co-founder Manish Kejriwal. Photo: Abhijit Bhatlekar/Mint

Private equity fund Kedaara Capital Investment Managers Ltd is in final stages of discussions to acquire Rajasthan-based auto component maker Sunbeam Auto Ltd for $100 million (Rs650 crore), two people aware of the development said.

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