India: KKR-backed Avendus Capital hits first close of Fund III at $98m

India: KKR-backed Avendus Capital hits first close of Fund III at $98m

Ritesh Chandra, managing partner of Avendus Future Leaders Fund.

KKR-backed financial services group Avendus Capital on Thursday announced that it has hit the first close of its third fund with $98 million (Rs 850 crore) in capital commitments.

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter