Elara Capital to launch India-focused healthcare fund
Elara Capital, a UK-based financial services company, is in talks with a counterpart in Dubai with a view to launching a private equity fund that will target healthcare investments in Asia and Africa. India will be a particular area of focus given Elara’s strong presence in the country.
The fund could be worth $250-300 million, The Business Standard reported. Raj Bhatt, vice chairman and CEO of Elara, said that fundraising could start by March or April. He noted that there is tremendous...
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