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Jacob Ballas Capital Invests $39M In Marg Karaikal Port

BY  Madhav A Chanchani
The port had raised a similar amount from Ascent Capital last year at a pre-money valuation of Rs 1,330 crore.

Private equity firm Jacob Ballas Capital has invested Rs 200 crore (~$39 million) to pick an undisclosed minority stake in Marg Karaikal Port Pvt Ltd, which is developing a port in India's south east...

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