KKR India ex-CEO's firm to close first fund over target, sources say

Sorin Investments, co-established by Sanjay Nayar, is seen taking in about $156m

PARAMITA CHATTERJEE, DealStreetAsia

NEW DELHI -- Sorin Investments, the venture capital firm set up by former KKR India CEO Sanjay Nayar and the Caravel Group's Angad Banga, has surpassed the original fundraising target for its debut investment vehicle, raking in about 13 billion rupees ($156 million).

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