Comments
Madison India Capital, a private equity firm backed by global institutional investors, has raised about $230 million through its fourth fund, Madison India Opportunities IV.
The firm typically invests $5-30 million in companies across consumer, business services, technology and financial services. Some of its firm’s investments include Indian Energy Exchange, UnitedLex, Micromax, Coupang, Pipetel and India Shelter Finance.
The firm is backed by investors such as US financial institutions, banks, pension funds, family offices and fund of funds.
The New Delh-based firm also added Shailesh Mehta as operating partner. Mehta was formerly the CEO of Providian, a credit card issuer in the United States, and has served on the boards of PayPal and Mastercard.
Madison India Capital has also made investments in Korea and Singapore.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.