India-focused PE firm OAKS Asset Management launches second consumer fund

Photo by Josh Appel on Unsplash

India-focused private equity firm OAKS Asset Management Monday announced that it has launched its second fund —OAKS India Consumer Fund.

The Rs500-crore (about $68 million) fund with a green-shoe option of Rs250 crore will aim to invest in about 10-12 businesses with the investment size ranging between Rs25 and Rs100 crore per investee company, the company said in a statement.

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