%20(Blog%20Banner).png)
Kedaara Capital, backed by Clayton Dubilier & Rice, has successfully raised $1.7 billion for its fourth fund, marking the largest private equity fund ever in India. Founded in 2011 by former Temasek and General Atlantic executives, Kedaara has grown into a leading player in India's private equity landscape. This new fund is 54% larger than its predecessor, demonstrating significant investor confidence in India's robust economic growth and shifting global investment trends away from China (India Today) (Live Mint).
Approximately 80% of the capital comes from previous investors, with the remaining 20% from new institutions such as the Cleveland Clinic and the University of Minnesota (Business Standard). The fund will focus on sectors including banking, healthcare, consumer goods, and software, and will target both minority stakes and buyout deals (Live Mint). Kedaara's strategic approach and local expertise position it well for collaborations with global firms seeking to tap into India's fast-growing market (Outlook Business & Money).
