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Malaysian sovereign wealth fund Khazanah bets around $40M on Ipca Labs

By Jasleen Kaur Batra

  • 30 Jul 2014
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Malaysian sovereign wealth fund Khazanah bets around $40M on Ipca Labs

Khazanah Nasional Berhad (Khazanah), the sovereign wealth fund of the Malaysian government, has invested around $40 million to buy a small minority stake in Mumbai-based drug-maker Ipca Laboratories, in what would be its first investment in the pharma sector in the country, VCCircle learns.The investment were rolled over in tranches ......

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