
NEW DELHI -- Kedaara Capital, an India-focused private equity company, has initiated discussions to raise its fourth investment vehicle targeting a corpus of at least $1 billion, DealStreetAsia has learned.
"Talks are on [and] the initial preparation is being done as it looks to raise the new fund," said a source with knowledge of the development. "They are already talking to both foreign and domestic [limited partnerships] but the formal process will be started in a couple of months."