PE firm Baring plans to invest Rs.3880 crore
According to a company official of Baring Private Equity, the firm is planning to invest Rs.3880 crore in Indian market.
They have also planned to complete the investment cycle within next 12 months.
Baring equity has already raised $760 million from three funds.
The focus area of Baring equity are pharmaceutical, banking and finance and real estate.
The company also have planned to go for another fund raising program once the investment is completed.
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Source : Hindustan Times
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