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Samara pumping more cash into portfolio firm ahead of IPO as business flounders

VCCircle · 1y

Indian private equity firm Samara Capital is reportedly preparing to invest more funds into one of its portfolio companies before its planned initial public offering. The company is looking to infuse additional capital into a consumer-facing business before heading to the public market, potentially by the end of 2024. This move comes as Samara seeks to support and strengthen its portfolio company, which has been experiencing challenges in its operations.