Kedaara Capital Closes its Fourth Fund at USD 1.74 Bn Kedaara recently made an investment in the Bengaluru-based ice cream brand Dairy Day.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Manish Kejriwal, Founder & Managing Partner, Kedaara Capital

Private equity firm Kedaara Capital, which focuses on India, closed its fourth fund for USD 1.74 billion.

Sector-agnostic Kedaara is bullish on a number of sectors, including consumer, IT, healthcare, and financial services. Kedaara focuses on attractive investment opportunities in India.

The fund would like to make both control and minority deals. The ideal range would be USD 75 million to USD 150 million. The funds may even look for considerably larger transactions with co-investments.

The new fundraising milestone was reached at a time when a number of major homegrown PE funds are having difficulty persuading limited partners to write sizable checks amidst global volatility leading to a cash crunch.

The platform recently made an investment in the ice cream brand Dairy Day.

Manish Kejriwal, Sunish Sharma, and Nishant Sharma are the founders and managing partners of Kedaara.

For its third fund in 2021, the platform has raised roughly USD 1.1 billion. The dermatological chain Oliva Skin & Hair Clinic, Purplle, an online marketplace for beauty and personal care products, and Perfios were among the major investments made through that vehicle.

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

4 Advanced Marketing Tactics for Small Businesses That Actually Work

Small businesses can adopt advanced marketing strategies to stand out and achieve sustainable growth. Techniques like personalization, content clusters and virtual events help build stronger customer connections and deliver real results.

Side Hustle

'I Was Called Crazy': This 27-Year-Old's Side Hustle Hit $30,000 a Month in Under a Year — Now It's Worth Millions

Changing regulations forced Angel Rodriguez's jet ski rental company to shut down, and the young entrepreneur had to figure out his next move — fast.

News and Trends

Nikhil Kamath's WTFund Backs 22 Young Entrepreneurs with Grants & Mentorship

WTFund's second cohort, spanning 50+ cities, showcases startups across Tech, D2C, Edtech, Fintech, and more. Tier I drives AI/ML B2B solutions, while Tier II/III focus on vernacular-first B2C innovations.

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.