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Inga, TIH Singapore tie up to launch PE fund for mid-sized companies

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore

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It will follow a sector agnostic approach with positive bias towards specialty chemicals, FMCG, electronics, food, agriculture and healthcare sector.

BS Reporter Mumbai

1 min read Last Updated : Oct 10 2022 | 6:43 PM IST

Domestic investment bank Inga Ventures (Inga) and tied up with Singapore’s TIH to launch a private equity fund that will invest in mid-sized companies.

The fund has set an overall target of raising Rs 500 crore and has received commitment of Rs 25 crore.

It will follow a sector agnostic approach with positive bias towards specialty chemicals, FMCG, electronics, food, agriculture and healthcare sector.

Topics : private equity funds Investment Chemicals FMCG food Electronics Agriculture Healthcare sector India food sector Investment Banks Singapore private equity fund

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