India's OAKS Asset Management set to close second consumer fund at $128m

India's OAKS Asset Management set to close second consumer fund at $128m

Mall in India. Photo: Mint

India-focused private equity firm OAKS Asset Management on Thursday announced that it is close to raising about $128 million (Rs 1,000 crore) towards the final close of its second consumer fund, surpassing the initial target of Rs 750 crore.