Tata Capital, part of steel-to-software conglomerate Tata Group, has raised $600 million for a private equity fund to invest in India, in what could be one of the largest debuts by a private equity fund targeting India. Institutional investors from North America, Asia and the Middle East have invested in the fund, the company said. The investors could also co-invest directly into portfolio companies alongside the fund on a mutually discretionary basis, it added. Globally, first-time funds have secured about […]