This is the second exit activity by Khazanah in India after it sold Yes Bank stake in 2012.
The aggregate limit for all such investment should be within $500 million mark.
RCAM already has tie-ups with others like Japan's Nippon Life Insurance Company.
Slide in rupee is bad news for foreign investors including PE/VC funds.
It has previously backed Indian PE firms such as CX Partners, Tano Capital and ChrysCap.
Great news.. So good to see some genuine quality product and brand owners getting backed, rather than just...
One of the worst case history created for India starting from Ranbaxy sale in 2008. Sorry to see this. Doesn't do...
Congratulations Promptec.. Great achievement..
Great article. As an entrepreneur, while I was practicing some of these recommendations already, this article is an...