India-based Gaja Capital Partners, a private equity firm, has launched Gaja Capital Fund I, which will take equity and equity-related investments in high growth companies whose principal business is in India.
Gaja Capital Fund I has a target size of US$200 million and will invest between US$5 million to US$15 million across 10 to 15 deals in the services and manufacturing sectors.
The International Finance Corp. is committing up to US$15 million in the fund.(Fin Alternatives)