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Kedaara missing the exit benchmark as portfolio firm targets $825 mn valuation

VCCircle · 4m

Kedaara Capital, an Indian private equity firm, is preparing to exit a manufacturing company with less-than-expected returns on investment, despite raising a substantial $1.74 billion fund previously. This move follows a mixed year of exits for Kedaara, including two underwhelming and two highly successful divestments in 2024. The firm aims to achieve an $825 million valuation for its portfolio company, highlighting its ongoing investment strategies and market challenges.