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The India-focused firm is to exit the power infrastructure services and waste management company through an IPO, and is reportedly set to launch its second private equity fund later this year.
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The Indian venture reportedly also plans to invest more than $1bn in rural India over the next 10 years.
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Kohlberg Kravis Roberts has underlined its Indian ambitions with the hire of former Goldman Sachs India chief Heramb Hajarnavis.
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The Clove Route Fund will continue with the firm's strategy of seeking growth investments across multiple sectors in India.
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Asia is more popular than ever with LPs, but many only want to invest with a small number of proven ‘quality’ managers. What does this mean for fund sizes and performance in the region?
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The US-headquartered firm bought a portion of its stake in Delhi-based Dr Lal Pathlabs from previous investor Sequoia Capital.
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The India-focused investment firm is backing the UK-based clinical research firm's expansion in Asia.
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Pune-headquartered Quick Heal says it will use the capital to further its overseas expansion.
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The Hong Kong-based firm has invested in Catmoss Retail, a producer and retailer of children's clothing in India.
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