Kedaara Capital to raise India’s largest PE fund of $1.7 Bn

In what will be India’s biggest PE fund to date, homegrown Kedaara Capital is reportedly all set to raise $1.7 Bn. The majority of the fresh capital, around 80%, will be raised from existing investors, while the remaining 20% will come from new backers. Kedaara Capital is one of India's biggest PE firms backing startups like Lenskart, Perfios, and Purplle.