Hi, it’s Baiju Kalesh in Mumbai, where I recently chatted with Manish Kejriwal, founder and managing partner of Kedaara Capital, which just raised a record sum for its latest India fund. Elsewhere, Exxon closes in on its deal for Pioneer, while Novartis strikes a US biotech deal.
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Kedaara Capital Investment Managers raised $1.74 billion from investors around the world for its latest fund, the biggest-ever for India as headwinds of the past turn and capital flows to the country, according to the founder of the private equity firm, Manish Kejriwal.