Kedaara Capital, an India-focused private equity (PE) firm, has initiated discussions to raise its fourth investment vehicle targeting a corpus of at least $1 billion, DealStreetAsia has learnt.
“Talks are on… the initial preparation is being done as it looks to raise the new fund. They are already talking to both foreign and domestic LPs but the formal process will be started in a couple of months,” said a source privy to the development.
