DEG commits to invest about $18.7m in Phi Capital's latest PE fund

DEG commits to invest about $18.7m in Phi Capital's latest PE fund

Photographer: Dhiraj Singh/Bloomberg

DEG, the investment arm of German state-owned development bank KfW, has committed to invest ₹1.56 billion (about $18.7 million) in the latest private equity fund of India-focused investor Phi Capital.

Edited by: Padma Priya