India's Jashvik Capital reaches first close on debut PE fund
India’s Jashvik Capital, a private equity firm set up by Naresh Patawari, formerly a partner at TA Associates, has achieved a first close of undisclosed size on its debut fund. The target is USD 350m.
Jashvik was established last March and confirmed formal launch of its fund in July, expecting to complete the process within 12 months. It will make growth investments of up to USD 50m, focusing on profitable...
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