India: Tata Capital looks to tap offshore markets to raise debt

Tata Capital Innovations Fund has made seven investments so far.

"The first fund was closed at $595 million in 2013. For fund two, we are looking similar, or slightly bigger size perhaps. The deals will be done with a similar strategy as in the past - $50 million to $100mn being the sweet spot with a wider range around that," Padmanabh Sinha, managing partner, Tata Opportunities Fund said.