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Funding and debt● Neutral for Indian equities
Carnelian launches ₹2,000 crore PE fund to target India’s mid-market
The brief
- Carnelian launched a ₹2,000 crore PE fund targeting India’s mid-market
- It expects a first close of about ₹1,000 crore by end-September
- More mid-market capital may benefit Indian private companies seeking growth funding