CAM, DSK, Khaitan act on Avendus Capital fund raise from KKR, Gaja Capital

Bar & Bench November 20 2017

Financial services firm Avendus Capital has raised $51 million from existing investor Kohlberg Kravis Roberts and Co. (KKR) and new investor Gaja Capital, a mid-market focused PE firm.

With this latest round, Avendus Capital has raised nearly Rs. 1,000 crore in the last two years. KKR continues to remain the largest investor and hence the majority shareholder, reported Mint.

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