India Digest: ADB puts $60m in Orbimed fund; KKR to invest $400m in Hero Future Energies

India Digest: ADB puts $60m in Orbimed fund; KKR to invest $400m in Hero Future Energies

The Asian Development Bank (ADB) is investing in OrbiMed Asia Partners V, a private equity fund managed by OrbiMed Advisors LLC while KKR is reportedly in advanced negotiations to invest in Hero Future Energies.